Rebranding Calibra to Novi is Facebook’s latest move in its restructuring of Libra.
Since it was introduced, Facebook Libra has been the talk of the town for most of bad news than good one.
Marcus faced opposition from both sides of the aisle as everyone is unclear on what Libra can and can’t do.
David Marcus faced the senate on July 16, and they gave him a very hard time over the future of Libra.
U.S. wants Facebook to delay the launch of the Libra, Russia has said it won’t authorize the stablecoin and it won’t easily be available in at least five other countries.