Independence: Diem instead of Libra – Facebook’s crypto currency with a...


Shares in this article

Forex in this article

This is what Stuart Levey, CEO of the Libra Association, told Reuters on Tuesday. Diem, which means “day” in Latin, should become a digital currency linked to the dollar. Levey did not give a schedule for the introduction. The approval of the Swiss supervisory authorities must first be given.

advertising

Trade currencies with up to leverage 30 now

Trade forex with high leverage and small spreads. With only 100.00 you can benefit from the effect of 3,000 euros in capital!

76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Do you want to invest in cryptocurrencies? Our guides explain how to do it within 15 minutes:

Buy Bitcoin, Buy Ripple, Buy IOTA, Buy Litecoin, Buy Ethereum, Buy Monero.

remains an “important member of the association,” which has 27 members, Levey said. “We’re not trying to cut all connections, by no means.” The name change is intended to emphasize that the Diem Association “works autonomously and independently,” he added. Diem wants to differentiate itself from other Krypo providers by taking into account issues important to regulators and Western governments – including sanctions controls and financial crime, Levey said.

You might also be interested in: NOW NEW – trade Bitcoin & Co. via the finanzen.net app – or for professionals via the Stuttgart Digital Exchange

With its plans for its own digital money, Facebook had called governments, supervisors and central banks worldwide into action. In April, the Libra Association in Switzerland, which was founded to develop the cyber currency, submitted an application for authorization as a means of payment. However, many governments have reservations about letting Facebook penetrate the financial sector with a digital currency.

Geneva (Reuters)

Image Sources: Ascannio / Shutterstock.com

Source link
https://www.finanzen.net/nachricht/devisen/unabhaengigkeit-diem-statt-libra-facebooks-kryptowaehrung-mit-neuem-namen-9570045

These were the details of the news Independence: Diem instead of Libra – Facebook’s crypto currency with a... for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at de24.news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV China rushes to stamp out virus outbreak in city of 11 million
NEXT India's foreign ministry launches app to connect to citizens abroad