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Novi, the remittance and payments initiative of Meta (formerly Facebook), has launched a Whatsapp pilot test for customers in the U.S. This means that a small number of Whatsapp users will be able to send and receive payments, as well as purchase digital dollars directly from the interface of the messaging service. This is an … Read more
In explaining his decision to leave Meta, David Marcus said that his entrepreneurial DNA had been nudging him “for too many mornings in a row to continue ignoring.” Go to Source Powered by WPeMatico
Marcus shares his honest thoughts on the crypto market, as well as declaring that Novi is ready to launch. Go to Source Powered by WPeMatico
David Marcus, head of Facebook Financial (F2) who is in charge of crypto project Diem, formerly Libra, believes that the Chinese government cracking down on bitcoin mining is “a great development” for the cryptocurrency. Many people in the crypto space agree with him. Facebook’s Executive Believes China’s Bitcoin Mining Crackdown Is a Good Development David … Read more
There are multiple ways to approach digital payments, and Facebook wants to cover them all. Go to Source Powered by WPeMatico
Libra really, really wants to exist, so it’s starting to kowtow to regulations Go to Source Powered by WPeMatico
Calibra’s David Marcus quickly rose to prominence as one of the most important people in crypto in 2019 Go to Source Powered by WPeMatico
Calibra wallet head David Marcus says that Libra’s anti-money laundering compliance will be better than many alternatives Go to Source Powered by WPeMatico
Most payment companies have now pulled out of Facebook’s Libra project. Visa, Mastercard, Ebay, and Stripe have followed Paypal in dropping out of the project amid regulatory concerns. The Libra Association has responded to the exodus of these companies. David Marcus, who is in charge of the project, calls it “liberating.” Also read: European Countries … Read more
G7 finance chiefs met this week and Facebook’s Libra cryptocurrency was high on their agenda. They agreed on several crypto initiatives and fast regulatory responses to projects such as Libra, calling for them to meet the highest standards of financial regulation. Also read: G20 Leaders Issue Declaration on Crypto Assets – A Look at Their … Read more
