Libra cryptocurrency renamed Diem to add distance from Facebook

The Facebook-backed Libra cryptocurrency hasn’t even launched yet, but it’s already rebranding, with its stablecoin product now set to debut as Diem. The move – which comes as the organization hires a number of high-profile execs – is being seen as an attempt to draw further distinction between the crypto project and the ever-controversial Facebook. Indeed, the new Diem Association … Continue reading