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TechFlow News — According to Reuters, Facebook-backed cryptocurrency Libra has been renamed Diem, aiming to regain regulatory approval by emphasizing the project's independence. Stuart Levey, CEO of the Diem Association, said "Diem" means "day" in Latin, and the current goal is to launch a single digital currency backed by the U.S. dollar.
According to Reuters, Facebook-backed cryptocurrency Libra has been renamed Diem, aiming to regain regulatory approval by emphasizing the project's independence.
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