It had the blue-chip partners, the tech, and the right players. None of which could save it - The FT takes a look at how "Diem" died.
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Facebook Libra: the inside story of how the company’s cryptocurrency dream died
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After weeks of deliberation, Yellen had made up her mind: she was out. “Yellen told him it was his decision to make, but that she would not protect him from the political fallout if he did so,” says one person briefed on the conversation. “And that was the end of Facebook’s digital currency.”
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