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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.

Signature Bank Launches New Digital Payments Technology Platform—Signet

Signature Bank Launches New Digital Payments Technology Platform—Signet

In a press release disclosed with Blockchain.news, New York-based Signature Bank announces that it is planning to launch Signet, its digital payments platform, on the Fireblocks network.

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