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The Libra Association Renamed To Diem To Win Regulatory Favor

Mary Liu

Summary: The Libra Association today announced the adoption of a new name Diem and a major management team. The payment system operator also changed its name to Diem Networks. The announcement stated that the move is part of an effort to obtain regulatory approval and a gradual launch. The Diem Association will continue to pursue the ...

The Libra Association today announced the adoption of a new name Diem and a major management team. The payment system operator also changed its name to Diem Networks. The announcement stated that the move is part of an effort to obtain regulatory approval and a gradual launch. The Diem Association will continue to pursue the establishment of a safe, reliable, and compliant payment system.

By Mary Liu

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