Mark Zuckerberg’s Meta in Talks to Sell Assets in Crypto Project Diem: Report

Mark Zuckerberg's Meta in Talks to Sell Assets in Crypto Project Diem, Formerly Libra: ReportMeta, formerly Facebook, is reportedly in talks with investment bankers to sell its assets in the cryptocurrency project Diem, formerly Libra. The diem USD stablecoin was supposed to be issued by Silvergate Bank but it failed to get regulatory approval. Meta Reportedly Seeking Buyers for Diem Crypto Project Mark Zuckerberg’s Meta, formerly Facebook, is trying […]

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US Senators Urge Facebook to Discontinue Crypto Wallet Pilot Citing ‘Insufficient’ Ability to Keep Consumers Safe

US Senators Urge Facebook to Discontinue Crypto Wallet Pilot Citing 'Insufficient' Ability to Keep Consumers SafeA group of U.S. senators has asked Facebook CEO Mark Zuckerberg to discontinue his company’s crypto wallet pilot and commit to not bringing the cryptocurrency Diem to market. “Facebook cannot be trusted to manage a payment system or digital currency when its existing ability to manage risks and keep consumers safe has proven wholly insufficient,” […]

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Facebook’s Novi Launches Pilot Program in Guatemala and US Using Pax Dollar

noviNovi, Facebook’s digital wallet, will launch a pilot program to test the functionality of the service in two countries: Guatemala and the U.S. The test will allow Novi to test all of its main functions and to evaluate what things need to be improved before launch. Novi will use pax dollars as the main currency […]

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