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Why Facebook’s Diem is ‘a Shadow of Libra’

This Data Breach alert was published at 31.12.2020 17.07 on Data Breach Today.

Facebook’s relaunch and rebrand of its Libra digital payment initiative as Diem is seen by some as a shadow of its former self. Financial services commentator Chris Skinner explains why state governments and AML concerns are to blame.

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