Libra
Libra Rebrands to 'Diem' in Anticipation of 2021 Launch
The Libra Association is rebranding itself as Diem to distance itself from the original multi-currency stablecoin vision as it prepares for a possible 2021 launch.

Libra Plans Dollar-Pegged Stablecoin Launch in January 2021: Report
Libra might eventually get off the ground as early as January albeit in a more limited format.

German Finance Minister Says He Does Not Support Private Cryptos: Report
Olaf Scholz said banks need to adapt for a digital world but seemed to rule out private digital currencies from that future.

From PayPal to Libra: Big Tech Has Forced Central Banks to Wake Up to CBDCs, Says Benoit Coeure
Libra was the final wake-up call for central banks that prompted serious consideration of digital currency issuances, according to the head of the BIS Innovation Hub.

FSB Recommends Stablecoin (Libra) Safeguards as G7 Continues Blockade
Finance officials never once named libra. But they didn't have to; the proposed stablecoin's shadow still looms large.

Facebook's Libra Co-Founder Morgan Beller Departs to Return to VC
Beller, 27, will become a general partner at NFX. She'd worked at a16z before joining Facebook.

European Ministers Call on EU Commission to Regulate Stablecoins
Finance ministers from five European countries have called on the EU Commission to introduce tough regulation for stablecoins.

Libra Taps Ex-Homeland Security General Counsel as New Legal Chief
The new general counsel is Libra's second in just three months.

Facebook Taps David Marcus to Lead Payments Initiatives
Marcus will continue running Libra's Novi digital wallet as he takes on Facebook Financial.

Federal Reserve Is Rushing to Get Its Instant Payments Offering Ready
COVID-19 proved the need for FedNow, even though the U.S. central bank admits the service is still years away.
