Post
Topic
Board Altcoin Discussion
Re: Facebook Libra finally launching?
by
Zeehaxan
on 08/12/2020, 21:33:24 UTC
https://cointelegraph.com/news/facebook-s-libra-to-reportedly-launch-in-january-2021-as-usd-stablecoin

"Following more than a year of scrutiny from global financial regulators, Libra will launch in a form of a United States dollar-backed digital currency, the Financial Times reported on Nov. 27"
I do not like their sudden rebranding and the name change to Diem because Libra was better name and it was already a brand in the market but this sudden change could signal something done due to pressure from regulators and in an effort to be compliant with them.