Libra to Diem: German Minister Blasts Facebook’s Crypto Name Change
German finance minister Olaf Scholz stated that his government isn’t impressed by Facebook’s stablecoin name change from Libra to Diem, describing it as, “A wolf in sheep’s clothing is still a wolf.” Libra Association had announced name change December 1, 2020, to allays the fear of potential investors of regulatory uproar against the project. It also … Read more