Novi, the crypto wallet owned by social media giant Meta, has launched the ability to send and receive money via WhatsApp. The post Meta’s crypto wallet Novi launches on WhatsApp appeared first on The Block.

Latin America fintech Mercado Pago has partnered with Paxos to allow its Brazil-based users to buy, hold and sell cryptocurrencies directly in the app they use to make payments and send money.  The post Brazilian users of fintech Mercado Pago can now buy, sell and hold crypto through Paxos partnership appeared first on The Block.

The head of the U.S. Federal Deposit Insurance Corporation said Tuesday that the agency is focused on creating "clear guidance" on the intersection between crypto and the American banking world. The post FDIC chair says the agency is focused on developing ‘clear guidance’ for banks’ crypto activities, stablecoins appeared first on The Block.

BTIG analyst Mark Palmer says traditional money-transfer firms are likely to face increased pressure from crypto projects.

The future of Facebook's own stablecoin project is uncertain, but its wallet project is moving forward anyway. The post Novi set to launch pilot with Paxos’s stablecoin as uncertainty hangs over Diem appeared first on The Block.