Diem Association rebrands from Libra, pursues regulatory approval
Diem Association issued regulatory approval pursuit affecting Swiss Financial Market Supervisory Authority (FINMA) on December 1, 2020.
- Primary
- Diem Association
- Counterparty
- Swiss Financial Market Supervisory Authority (FINMA)
- Structure
- regulatory approval pursuit
- Date
- December 1, 2020
- Sub-sector
- Crypto / Stablecoin
Diem pivots to single-currency stablecoins and compliance framework to address regulatory concerns and nears FINMA approval for launch.
Source: crowdfundinsider.com