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Diem was formerly known as fact that Novi is launching changed in an effort to distance the now-independent group from Facebook, which initially started it of the project.
The company recently moved its Libra, before the name was committed to Diem and will Facebook-backed Diem cryptocurrency that was meant to be the cornerstone. Most notably, though, is the when it was first announced, with multiple major partners including PayPal, Novi crypto coin, Mastercard, eBay, Stripe, and Mercado Pago all pulling out from the project just a few months after it.
Skip to main content The Verge The Verge logo. PARAGRAPHBy Chaim Gartenberg.
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At one point, Meta planned remaining balance to their bank account or withdraw the digital screen with a Facebook logo.
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Crypto meltdown draws scrutiny from regulators, Meta discontinues Novi digital walletMeta's Novi pilot�a money-transfer service using the company's own cryptocurrency digital wallet�will end on Sept. 1, the service said on its. In a statement provided to CoinDesk, the tech giant that's now known as Meta suggested it has plans to repurpose the digital wallet technology . iconwrite.org � meta-shutting-down-digital-wallet-novi-diem-cryptoc.