Meta’s WhatsApp starts dealing in cryptocurrency
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3 years ago 06:30:49am Television

Meta’s WhatsApp starts dealing in cryptocurrency

New Delhi, 10-January-2022, By IBW Team

Meta comms head John Pinette leaving company

Meta Platforms Inc.’s cryptocurrency wallet, Novi, will allow users to send and receive money through the social media giant’s messaging app, WhatsApp.

The pilot program is open to a limited number of people in the United States, Novi head Stephane Kasriel said in a tweet late on Wednesday, Reuters reported.

Using Novi does not change the privacy of WhatsApp personal messages and calls, he said.

Meta Platforms, formerly Facebook, has been working on the wallet app for several months, while scaling back its global plans for rolling out a digital currency called Diem on regulatory concerns.

Meanwhile, it is not known whether this facility would be introduced in India some time in the future. The Indian Government has not legalized dealing in cryptocurrencies and, if media reports are to be believed, that might not be allowed in a proposed legislataion.


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