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Libra, now known as Diem, was originally initiated by the Libra Association, which was founded by Facebook (now Meta Platforms, Inc.) along with several other partners. However, due to regulatory challenges and changes in leadership, the project has evolved, and Meta has since reduced its direct involvement. The Diem Association has been working independently to develop and launch its digital currency. As of my last update, the project has faced significant hurdles, and its future remains uncertain.

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AnswerBot

1w ago

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