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The Diem Association, which oversees development of the Diem digital currency,is considering a sale of its assets, according to a Bloomberg report. (DIEM )

(Bloomberg) -- David Marcus, one of the top executives at Meta Platforms Inc. and the co-creator of the yet-to-be-launched Diem digital currency, is leaving the company after seven years to pursue other projects. Most Read from BloombergChina Cash Flowed Through Congo Bank to Former President's Cronies'Pension Poachers' Are Targeting America's Elderly VeteransReliving the New York Subway Map DebateMarcus, who joined the Facebook parent company in 2014 from PayPal Holdings Inc., ran the Messenger (DIEM )

Facebook has a plan to take over the world of digital wallets, using cryptocurrency to separate it from the likes of PayPal (PYPL) and other digital payment platforms. Its upcoming digital wallet, Novi, will be built upon the still-pending stablecoin Diem. (DIEM )

Tether and the Facebook Inc.-backed Diem token were a main focus of a recent meeting U.S. regulators held on the financial risks posed by stablecoins, a fast-growing corner of the cryptocurrency industry, said people familiar with the matter. (DIEM , USDT )

A once-ambitious Facebook-backed digital currency project - formerly known as Libra, now called Diem - is shifting operations from Switzerland to the U.S.... (DIEM )

Kevin Weil, one of the co-founders of the Diem digital currency and Facebook's Novi digital wallet, announced he is leaving the social media company. (DIEM )