First there was Libra, Facebook’s ambitious project to create a global digital currency based in Switzerland. Then the scales were no more; Due to massive regulatory pressure, the scope of the project was restricted and the name was changed to Diem.

And now the project is no longer even based in Switzerland as Diem’s ​​main activities are being relocated from Switzerland to the US.

On Wednesday Diem club announced It has partnered with the US-based Silvergate Capital Corporation, whose Silvergate …



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