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Meta (Facebook) forced to sell Diem assets as digital payments ambitions fail
The Diem cryptocurrency project is being forced to sell its assets, as Meta (Facebook) admits defeat in its ambitions in the digital payments space. The Diem Association, which was launched... read more
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Facebook digital wallet Novi ready for market launch
Facebook has announced it will launch the Novi digital wallet tied to the Diem blockchain-based payment system, having received the necessary regulatory clearances. David Marcus, chief of Facebook’s financial services... read more
The post Facebook digital wallet Novi ready for market launch appeared first on Payments Cards & Mobile.
Diem drops Swiss license and heads to US for stablecoin trial
Facebooks cryptocurrency Diem has been forced to abandon plans to gain a license in Switzerland via its financial regulator FINMA and is instead going to set up operations in the... read more
The post Diem drops Swiss license and heads to US for stablecoin trial appeared first on Payments Cards & Mobile.
Diem to launch stablecoin payment solution for institutions, merchants and payment networks
Diem has announced partnership with Fireblocks to launch a new payment solution for institutions, merchants and payment networks, across the global stablecoin and payments system formerly known as libra. The... more
The post Diem to launch stablecoin payment solution for institutions, merchants and payment networks appeared first on Payments Cards & Mobile.
