#INTERNATIONAL_TECH__NEWS | Memory Lane | #Facebook_backed #Crypto_Project #DIEM ABANDONS #Swiss_License_application, will move to the U.S.A ?? |
#Formerly_Known as #Libra, Facebook’s vision for a digital currency was #met with a #severe_backlash from #regulators when it was #first_announced in June 2019, with #central_bankers and #politicians worried it could #undermine sovereign #currencies like the #dollar, enable #money_laundering and #infringe on #users_privacy.
https://www.cnbc.com/2021/05/12/facebook-backed-diem-is-moving-from-switzerland-to-the-us.html
#users_privacy #infringe #money_laundering #dollar #currencies #Undermine #politicians #central_bankers #first_announced #Regulators #severe_backlash #met #libra #Formerly_Known #Swiss_License_application #DiEM #Crypto_Project #Facebook_backed #INTERNATIONAL_TECH__NEWS