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Novi

US Congress Committee questions Meta over digital asset and blockchain plans
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24 January, 2024

US Congress Committee questions Meta over digital asset and blockchain plans

Rep. Maxine Waters wrote to Mark Zuckerberg asking what the Meta plans to do with five digital asset and blockchain-related...
Philippine central bank removes Novi from exclusive list of VASP licensees
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1 December, 2022

Philippine central bank removes Novi from exclusive list of VASP licensees

Novi is no longer a registered Virtual Asset Service Provider in the Philippines following BSP's decision to remove it from...
The CoinGeek Pulse Episode 94: Voyager files bankruptcy, DoJ goes after ‘crypto’ frauds, Meta shuts down Novi
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8 July, 2022

The CoinGeek Pulse Episode 94: Voyager files bankruptcy, DoJ goes after ‘crypto’ frauds, Meta shuts down Novi

Meta is shutting down its Novi wallet. The social media company is asking its users to withdraw their funds—either by...
Meta pulls the plug on Novi, the last standing piece of Zuckerberg’s stablecoin dream
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7 July, 2022

Meta pulls the plug on Novi, the last standing piece of Zuckerberg’s stablecoin dream

Novi users will lose all access to the wallet in September as Meta urges them to withdraw their funds, ending...
Facebook’s Diem to sell assets for $200M after botched stablecoin attempt
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31 January, 2022

Facebook’s Diem to sell assets for $200M after botched stablecoin attempt

Diem is reportedly in talks with Silvergate Bank for the sale of the Diem project’s assets as it seeks to...
US senators urge Facebook to discontinue digital currency pursuit amid Novi wallet launch
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22 October, 2021

US senators urge Facebook to discontinue digital currency pursuit amid Novi wallet launch

Five U.S. lawmakers wrote a letter to Zuckerberg urging him to discontinue the Novi and Diem ventures, stating that Facebook...
Diem not impressing Washington even with rebranding efforts: report
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14 September, 2021

Diem not impressing Washington even with rebranding efforts: report

Facebook has faced an uphill task bringing regulators onboard with its Diem payment system, even after pouring millions into lobbying...
Facebook’s Libra launching in 2021 and Libra Association changes its name
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1 December, 2020

Facebook’s Libra launching in 2021 and Libra Association changes its name

According to three individuals involved in the initiative, Facebook’s digital currency project Libra will launch in 2021–but it will be

Facebook Libra announces new name—Novi
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28 May, 2020

Facebook Libra announces new name—Novi

Rebranding Calibra to Novi is Facebook’s latest move in its restructuring of Libra.