Diem Association, which has 26 members including Facebook’s digital wallet Novi, says the planned stablecoins can be used in a blockchain-based payment system.
The U.S. nonprofit Digital Dollar Project said on Monday it will launch five pilot programs over the next 12 months to test the potential uses of a U.S. central bank digital currency, the first effort ...
The Digital Dollar Project is launching pilot programs to explore designs and uses of a US Central Bank digital currency.
As part of the move, Diem said it is also withdrawing its application for a payment system license from the Swiss Financial Markets Authority, which it has not been able to secure thus far.
The United States-based nonprofit Digital Dollar Project announced on Monday it will launch five pilot programmes over the next 12 months to test the potential uses of a US central bank digital ...
The non-profit Digital Dollar Project is launching five pilot programmes over the next year to explore applications of a new central bank digital currency.
The Digital Dollar Project will launch 5 pilots in the coming 12 months. The project is working on a Central Bank Digital Currency backed by the US Dollar.
The Facebook-backed digital currency project formerly known as Libra, now called Diem, says it is shifting operations from Switzerland to the US.
The project initially known as Libra and renamed Diem is being adjusted due to qualms among U.S. officials that it could be used for money laundering and other illicit purposes.
Facebook-funded currency project Diem to move operations from Switzerland to the U.S. with plans to launch a cryptocurrency tied to the U.S. dollar.