Meta-Led Diem Now Considering Sale of Assets Amid Increasing Regulatory Pressure

Name: Meta-Led Diem Now Considering Sale of Assets Amid Increasing Regulatory Pressure
Uploaded: 2022-01-27T01:01:08Z
Duration: 7 min 476 s
Description: The Diem Association, the Meta Platforms (formerly Facebook)-led group seeking to create a stablecoin, is allegedly considering selling the project’s assets to return money to investors. This comes as regulatory pressures have stalled Diem since its conception in 2019. “The Hash” group reflects on Diem and the regulatory lessons to be learned.

Jan 27, 2022

The Diem Association, the Meta Platforms (formerly Facebook)-led group seeking to create a stablecoin, is allegedly considering selling the project’s assets to return money to investors.

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