Fb's Diem says it has withdrawn its utility for a Swiss fee license and can shift its operations to the US through a California state-chartered financial institution (Ryan Browne/CNBC)




Ryan Browne / CNBC:

Fb’s Diem says it has withdrawn its utility for a Swiss fee license and can shift its operations to the US through a California state-chartered financial institution  —  – Diem, the digital foreign money mission backed by Fb, has deserted plans to safe a fee license from Switzerland’s FINMA watchdog.





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