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Crypto royal | Regulatory concerns over Facebook's data privacy and potential money laundering issues have contributed to delays for the program that was meant to launch in early Beyond the pilot, our business model is clear. Novi is ready to come to market," wrote Marcus, a former Paypal president and co-founder of the Diem Association. The project was rebranded to the Diem Association. Advertiser Content From. Marcus does note in his announcement that Novi is still committed to Diem and will launch with the cryptocurrency when it does go live. David Marcus, chief of Facebook's financial services division, in a blog post Wednesday said Novi could play an instrumental role in fixing the global payments system that he said is, among other things, too slow and too costly. |
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