Crypto chaos sees Meta ditch its Novi payment wallet after just 9 months
Meta has announced the end of its Novi digital wallet pilot.
Novi was never available outside the United States and Guatemala.
People are being told to withdraw their money as soon as possible.
The Novi digital wallet is going away on September 1, Meta has confirmed.
Meta, the artist formerly known as Facebook, has canned its fledgling digital wallet payments pilot just nine months after it launched it in November of 2021.
In a move announced via the Novi website and first reported by Coindesk, the pilot will come to an end this September — but people will begin to lose the ability to add money to their accounts much sooner than that. On July 21, to be exact.
The company is also suggesting that its users should yank their money out of the service “as soon as possible,” with more information available via the Novi website.
The news comes amid ongoing uncertainty within the entire crypto world. The Novi idea was first floated three years ago with Calibra…
