Today news
About the same in other media
08.11 - 17:37
Senators pressure Facebook to 'immediately discontinue' Novi wallet pilot
Reading now: 868
Five Senators have called for the immediate closure of Facebook’s new crypto wallet just hours after it was launched in partnership with Coinbase.
Crypto skeptic Senator Elizabeth Warren was one of the five urging Facebook CEO Mark Zuckerberg to “immediately discontinue” the project. In a letter sent to Zuckerberg on Oct. 19, the five Democrat Senators wrote:
Diem is Facebook’s ambitious stablecoin project, formerly known as Libra, which has been the subject of heavy scrutiny and regulatory roadblocks for years resulting in a number of key partners pulling out of the venture. Novi is the firm’s crypto wallet, designed to hold the Diem token and other stablecoins.
Novi launched a pilot in the U.S. and Guatemala on Oct. 19 in partnership with
Read more on cointelegraph.comAbout this in other media
Aussie crypto companies keen to embrace regulations says senator cointelegraph.com /3 years ago
Should We Let Facebook/Meta Rule The Metaverse Too? cryptonews.com /3 years ago
US Senator Hagerty to CFPB Director: Don’t Stifle Crypto Innovation cointelegraph.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
