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Meta is rumored to be interested in selling the Diem Stablecoin project and assets

Bloomberg reports that Meta is looking to sell its Diem stablecoin project. The monies will be used by the company to repay investors.

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Libra’s rebranded Diem faces a legal lawsuit from a London-based Fintech firm

London based fin-tech firm plans to file a legal lawsuit against Facebook's Libra rebranded as Diem due to concerns relating to same name.

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