Novi

Meta’s WhatsApp to Trial Novi Digital Wallet
Meta’s WhatsApp to Trial Novi Digital Wallet
Meta, formerly Facebook, is launching a limited trial of its Novi digital wallet within its WhatsApp messaging platform. This follows a U.S.-Guatemala remittance pilot with USDP and the Novi wallet launched in October. “The Hash” panel discusses the latest integration between WhatsApp and Meta’s crypto efforts.
Meta’s WhatsApp to Trial Novi Digital Wallet

US Lawmakers Push Back on Facebook’s Novi Wallet Launch
US Lawmakers Push Back on Facebook’s Novi Wallet Launch
A group of U.S. lawmakers have ordered Facebook CEO Mark Zuckerberg to “immediately discontinue the company’s pilot of Novi” and end its work on the Diem stablecoin project, saying the social media giant cannot be trusted to launch a digital currency. “The Hash” team discusses Facebook’s latest regulatory hurdle.
US Lawmakers Push Back on Facebook’s Novi Wallet Launch

CBOE Acquires ErisX in Return to Crypto Derivatives Market
CBOE Acquires ErisX in Return to Crypto Derivatives Market
CoinDesk’s Nikhilesh De discusses the outlook for the Chicago Board Options Exchange (CBOE) as it is acquiring crypto spot and derivatives marketplace ErisX, which will need approval from the CFTC and around 40 different state regulators to finalize. Plus, his take on U.S. lawmakers pushing back on Facebook’s Novi wallet launch.
CBOE Acquires ErisX in Return to Crypto Derivatives Market

Facebook’s Novi Taps Paxos, Coinbase Ahead of Diem Rollout
Facebook’s Novi Taps Paxos, Coinbase Ahead of Diem Rollout
Novi, Facebook’s digital wallet subsidiary, will go live in the U.S. and Guatemala in a pilot program without the Diem (formerly Libra) stablecoin, allowing users to trade the Paxos Dollar (USDP). Crypto exchange Coinbase will provide custody services for the program.
Facebook’s Novi Taps Paxos, Coinbase Ahead of Diem Rollout

Facebook's David Marcus
Facebook Considering NFT Support in Novi Digital Wallet
Facebook is in a good position to explore supporting NFTs through its new digital wallet, according to the company's head of financial services.
Facebook's David Marcus

Facebook’s David Marcus testifies during a hearing before Senate Banking, Housing and Urban Affairs Committee, July 16, 2019
Facebook: Novi Digital Wallet Is ‘Ready to Come to Market’
Most states in the U.S. have approved the product.
Facebook’s David Marcus testifies during a hearing before Senate Banking, Housing and Urban Affairs Committee, July 16, 2019

Huobi Deregisters Beijing Entity; K-Drama Takes Crypto Back in Time
Huobi Deregisters Beijing Entity; K-Drama Takes Crypto Back in Time
Huobi applies to deregister its Beijing entity in China. Facebook in hiring mode for its Novi digital wallet project in the Philippines. K-drama gets set to take crypto back in time. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Huobi Deregisters Beijing Entity; K-Drama Takes Crypto Back in Time

Credit: Wachiwit/Shutterstock.com
Facebook's Calibra Rebrands to Novi, Details Wallet Tie-Up With WhatsApp
In the run-up to launch, libra's digital wallet subsidiary has been given a new look and a new name: Novi, which means "new way."
Credit: Wachiwit/Shutterstock.com