ADVERTISEMENT
  • Contact Us
  • Articles
  • Nollywood Snippets
  • Romance
  • Special Report
  • US This Week
  • Brain Teasers
  • Music Gists
  • From The NGOs
  • Advertisement
  • Privacy Policy
DGovScoops
  • Home
  • Politics
  • Business
  • Nation
  • World
  • Sports
  • Tech
  • Entertainment
No Result
View All Result
  • Home
  • Politics
  • Business
  • Nation
  • World
  • Sports
  • Tech
  • Entertainment
No Result
View All Result
DGovScoops
No Result
View All Result
Home Business

Facebook to launch digital wallet this year – Official

dgovscoops by dgovscoops
August 26, 2021
in Business, Tech, US This Week
0 0
0
Facebook shuts Ugandan Govt officials accounts ahead of elections
0
SHARES
56
VIEWS
Share on FacebookShare on Twitter
">
ADVERTISEMENT

 

By Jennifer Ugwueke

Facebook is ready to launch a digital wallet that would let users store cryptocurrencies, a senior company executive said in a US media interview Wednesday.

David Marcus, head of Facebook’s crypto unit, told The Information news site that company leaders “feel pretty committed” to launch the digital wallet called Novi this year.

Marcus said he would have preferred to release Novi alongside Diem, a digital currency tied to the dollar that the company is also developing, but Diem’s timing was uncertain.

“In theory, Novi could launch before Diem, but it would mean launching without Diem and that’s not necessarily something that we want to do,” Marcus told The Information.

“It all depends on how long it’s going to take for Diem to actually go live and that’s not something I’m personally looking after.”

In 2019 Facebook said it plans to introduce a cryptocurrency that at the time was called Libra. The project however faced regulatory resistance over concerns about security and reliability.

In December 2020 the Libra changed its name to Diem and moved its operations from Switzerland to the United States as part of a “strategic shift.”

Share this:

  • Twitter
  • Facebook
  • WhatsApp
  • LinkedIn
  • Telegram
  • Print

Related

">
  • Trending
  • Comments
  • Latest
BREAKING NEWS: BIDEN APPOINTS KOGI-BORN FEMALE INTO HIS CABINET

BREAKING NEWS: BIDEN APPOINTS KOGI-BORN FEMALE INTO HIS CABINET

January 13, 2021
Oba of Benin finally opens up, Advises on the candidate to vote for in the forthcoming Edo Governorship Election

Oba of Benin finally opens up, Advises on the candidate to vote for in the forthcoming Edo Governorship Election

August 28, 2020
An Apprentice At Chucks Supermarket Paid us to Kill the Owner- Suspect

An Apprentice At Chucks Supermarket Paid us to Kill the Owner- Suspect

July 29, 2020

Breaking News: Isanlu Robbery: Police Arrests Suspects

June 18, 2020
Publisher’s Comment

Publisher’s Comment

2
Breaking News: Tribunal Dismisses PDP’s Petition, affirms Bello of the APC as Governor

Breaking News: Tribunal Dismisses PDP’s Petition, affirms Bello of the APC as Governor

1
COVID-19: INEC to receive names of Edo, Ondo guber candidates online, says e-voting will begin in 2021

COVID-19: INEC to receive names of Edo, Ondo guber candidates online, says e-voting will begin in 2021

1
Governors reject Buhari’s order on state legislature, judiciary

Governors reject Buhari’s order on state legislature, judiciary

1
FALEKE LEADS TINUBU BOYS TO MOBILIZE FOR 2023 PRESIDENCY

JUST IN: TINUBU/SHETTIMA PRESIDENTIAL CAMPAIGN COUNCIL APPOINTS FALEKE AS SECRETARY

August 11, 2022
5G will revolutionise Nigeria’s Creative Industry – Danbatta

Nigeria’s Broadband Penetration Hits 44.5%- Danbatta

August 9, 2022
Olubadan of Ibadan backs clamour for telecoms infrastructure protection

Olubadan of Ibadan backs clamour for telecoms infrastructure protection

August 8, 2022
Ogun 2023: Amosun exposing his age-long anti-democratic tendencies-Expert

Ogun 2023: Amosun exposing his age-long anti-democratic tendencies-Expert

August 6, 2022

Recent News

FALEKE LEADS TINUBU BOYS TO MOBILIZE FOR 2023 PRESIDENCY

JUST IN: TINUBU/SHETTIMA PRESIDENTIAL CAMPAIGN COUNCIL APPOINTS FALEKE AS SECRETARY

August 11, 2022
5G will revolutionise Nigeria’s Creative Industry – Danbatta

Nigeria’s Broadband Penetration Hits 44.5%- Danbatta

August 9, 2022
Olubadan of Ibadan backs clamour for telecoms infrastructure protection

Olubadan of Ibadan backs clamour for telecoms infrastructure protection

August 8, 2022
Ogun 2023: Amosun exposing his age-long anti-democratic tendencies-Expert

Ogun 2023: Amosun exposing his age-long anti-democratic tendencies-Expert

August 6, 2022
DGovScoops

Dear readers, welcome to the fresh soothing world of exclusive scoops from the No1 exclusive story merchants of the industry. We are poised to exercise our mandate as "watchdog of the society" with all sense of patriotism and responsibility.

Browse by Category

  • Articles
  • Brain Teasers
  • Breaking News
  • Business
  • Crime
  • Education
  • Entertainment
  • From The NGOs
  • Health
  • Latest News
  • Lifestyle
  • Music Gists
  • Nation
  • Nollywood Snippets
  • Politics
  • Romance
  • Special Report
  • Sports
  • Tech
  • US This Week
  • World

Recent News

FALEKE LEADS TINUBU BOYS TO MOBILIZE FOR 2023 PRESIDENCY

JUST IN: TINUBU/SHETTIMA PRESIDENTIAL CAMPAIGN COUNCIL APPOINTS FALEKE AS SECRETARY

August 11, 2022
5G will revolutionise Nigeria’s Creative Industry – Danbatta

Nigeria’s Broadband Penetration Hits 44.5%- Danbatta

August 9, 2022
  • Contact Us
  • Articles
  • Nollywood Snippets
  • Romance
  • Special Report
  • US This Week
  • Brain Teasers
  • Music Gists
  • From The NGOs
  • Advertisement
  • Privacy Policy

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
21