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

A 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…

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

Novi, 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…

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Facebook Partners With Coinbase to Launch Its Cryptocurrency Wallet Novi, US Regulators Fight Back

Facebook has not given up in its quest to harness the power of the blockchain to expand into the finance business. After failing with its Libra project, the social media…

Continue ReadingFacebook Partners With Coinbase to Launch Its Cryptocurrency Wallet Novi, US Regulators Fight Back