Meta’s Novi cryptocurrency wallet is shutting down
The "small pilot" ends after less than a year.
Libra
Facebook's Diem Association shifts its focus to the US
It has withdrawn its application for a Swiss payment license.
Facebook's cryptocurrency project rebrands as Diem
The Libra Association is dead, long live the Diem AssociationWe have two newsletters, why not sign up for both?
Facebook's Libra currency could debut in a limited form early next year
The Libra Association reportedly plans to launch a single stablecoin backed by the dollar.
Facebook forms financial group to focus on payments
It'll oversee Facebook Pay, Whatsapp Pay and other commerce projects
Telegram to pay $18.5 million and return $1.2 billion following SEC crypto charges
The company has to return $1.2 billion in investment and pay a $18.5 million fine.
Facebook’s global currency plans were always doomed
The Libra climbdown just confirms it.
Vodafone is the latest to leave Facebook's Libra Association
It's focused on its own payment service instead.
Facebook releases Zuckerberg’s upcoming testimony in defense of Libra
He'll present his arguments to Congress tomorrow.
Facebook's Libra loses one more member as its council becomes official
The owner of Kayak and Priceline bailed at the last minute.
Mobile banking firm sues Facebook over Calibra's logo
The logos were reportedly created by the same design company.
eBay, Visa and Mastercard pull out of Facebook's Libra cryptocurrency
Stripe's out as well, while PayPal also backed out of the project last week.
Congress will grill Mark Zuckerberg over Libra October 23rd
He'll be the sole witness at a hearing about Facebook's cryptocurrency plans.
EU grills Facebook over Libra's financial and privacy risks
It's concerned the cryptocurrency could create instability.
Facebook's Libra cryptocurrency loses backing from PayPal
MasterCard and Visa are still on the list.
WSJ: Visa, Mastercard are reconsidering support for Facebook Libra
The cryptocurrency scheme could be in trouble if it loses major partners.
Facebook's Libra currency will get half its backing from the US dollar
China isn't included, which might help it launch sooner.
Central banks to question Facebook over Libra cryptocurrency
They're concerned the virtual money would destabilize the financial world.
France says it will block Facebook's Libra cryptocurrency in Europe
Officials have concerns about Libra's impact on government sovereignty.
Telegram hasn’t given up on its ‘Gram’ cryptocurrency
But if it doesn't launch by October Telegram forfeits $1.7bn investment.
