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Meta’s Novi cryptocurrency wallet is shutting down
Meta is shutting down Novi, its short-lived cryptocurrency digital wallet.
Facebook-backed Diem Association confirms it's 'winding down'
The Diem Association confirmed that it’s selling its assets to Silvergate, and that it would “begin the process of winding down.”
Facebook-backed Diem Association may be close to dissolving
The Diem Association is reportedly “weighing a sale of its assets as a way to return capital to its investor members,” Bloomberg reports,
Facebook announces ‘small pilot’ to test cryptocurrency wallet Novi
Facebook is finally testing Novi, the digital wallet it’s been teasing for more than two years. Lawmakers have already asked the company to end the pilot.
The US may crack down on 'stable' cryptocurrencies
US regulators are mulling a crackdown on stablecoins like Tether over concerns they actually destablize the economy.
Facebook's cryptocurrency project rebrands as Diem
The name change anticipates a launch in 2021.
