Facebook founder Mark Zuckerberg dumps crypto: Meta pulls the plug on its crypto payments wallet amid bitcoin crash
https://www.thisismoney.co.uk/money/...oin-crash.html
Meta is closing down its cryptocurrency digital wallet Novi less than a year after its launch, effectively ending the company's crypto ambitions.
The Novi pilot allowed users to make fee-free, instant personal payments via the app which Meta claimed would make sending money 'as easy as sending a message'.
The tech behemoth made its first foray into cryptocurrency, the Libra project, three years ago before launching a 'small pilot' of Novi last October.
The launch was scaled back compared to its original ambition, using stablecoin USDP rather than its own Diem coin.