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Facebook Calibra Digital Wallet Gets a New Name – Novi

Facebook Calibra Digital Wallet Gets a New Name – Novi

Facebook has renamed its digital wallet, Calibra, as Novi. Calibra was the digital wallet that the social media giant has been building to access Libra digital currencies. In a blog post, the company explained that the new name was inspired by the Latin words “novus” and “via,” meaning “new” and “way.” The digital wallet company, a subsidiary under Facebook will now be named Novi Financial. As previously reported by Blockchain.News, Libra has abandoned its original plan of a widely accessible permissionless digital currency aimed to solve financial inclusion issues, due to ongoing regulatory backlash.

Mauritius Jumps on Digital Currency Bandwagon

Mauritius Jumps on Digital Currency Bandwagon

The issuance of Central Bank Digital Currency (CBDC) has been making airwaves with nations, such as China, leading the hype. The Bank of Mauritius, the central bank of the Republic of Mauritius, seeks to join this bandwagon based on an announcement that it wants to introduce a digital currency.

China's Shenzhen Special Economic Zone Now Supports Digital Currency Research

China's Shenzhen Special Economic Zone Now Supports Digital Currency Research

The Central Committee of the Communist Party of China recently announced that the Shenzhen special economic zone would be supporting research and the promotion of digital currencies.

Digital Assets Market Update 12 August 2019

Digital Assets Market Update 12 August 2019

Latest news and updates from the digital assets market

World's First National Digital Currency to Be Built on Algorand

World's First National Digital Currency to Be Built on Algorand

World’s First National Digital Currency to Be Built on Algorand

Malaysia’s Securities Commission Legalizes Digital Asset and Crypto Trading

Malaysia’s Securities Commission Legalizes Digital Asset and Crypto Trading

Malaysia’s Securities Commission, which is responsible for overseeing compliance with Islamic laws in finance, has allowed trading of digital assets.

Singapore Consults China on Central Bank Digital Currency

Singapore Consults China on Central Bank Digital Currency

Singapore is considering a partnership with China as it works on developing a Central Bank Digital Currency dubbed Project Ubin

ECB to Meet the Growing Demand for Digital Payments with a CBDC Digital Euro

ECB to Meet the Growing Demand for Digital Payments with a CBDC Digital Euro

President of the ECB Christine Lagarde broached the topic of CBDC issuance and why the bank was seriously considering the creation of a digital euro.

Jamaica to Launch Central Bank Digital Currency in 2022

Jamaica to Launch Central Bank Digital Currency in 2022

Jamaica’s Minister of Finance Nigel Clarke has announced that the country intends to launch its central bank digital currency (CBDC) in 2022.

Tesla CEO Elon Musk Is Selling His First NFT and It’s a Techno Song about NFTs

Tesla CEO Elon Musk Is Selling His First NFT and It’s a Techno Song about NFTs

The NFT hype has been escalating and many artists and celebrities have capitalized on the trend to produce a NFT of their own.

Whatsapp is Close to Launching Digital Payments in Indonesia

Whatsapp is Close to Launching Digital Payments in Indonesia

Whatsapp, the Facebook-owned messaging platform has been engaging in preliminary talks with multiple Fintech establishments to launch digital payments in Indonesia.

Galaxy Digital CEO Mike Novogratz Says Launch of Digital Euro Will Drive Bitcoin Adoption

Galaxy Digital CEO Mike Novogratz Says Launch of Digital Euro Will Drive Bitcoin Adoption

Galaxy Digital CEO Mike Novogratz argues that central banks like the ECB launching their own digital currency could drive Bitcoin adoption further.

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