Meta's WhatsApp will allow crypto payments through Novi wallet in U.S

(Reuters) - 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.

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.

(Reporting by Nivedita Balu in Bengaluru; Editing by Anil D'Silva)

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Trump signs proclamations imposing 50% tariffs on some Canadian goods
• Aterian (ATER) files for 6.74M share offering by selling stockholders
• GitLab names Thomas Lloyd as chief business and legal officer