Fintech
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Competition watchdogs at the European Commission have begun probing potential anti-trust issues relating to Facebook’s digital currency project Libra. The European Commission is “currently investigating potential anti-competitive behavior” related to the Libra Association amid concerns the proposed payment system would unfairly shut out rivals, the EU authority said in a questionnaire seen by Bloomberg and…
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A cryptocurrency entrepreneur who became a bitcoin millionaire when he was still a teenager has launched a new venture that he claims will “kill” Facebook‘s Libra. Erik Finman, 20, says peer-to-peer platform Metal Pay will be the first “all-in-one” cryptocurrency payments app and will change the way people send and receive money. Erik Finman, the teenage bitcoin millionaire. “We’re going to…
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A new survey by the Digital Finance Forum has found that only one in three UK fintech founders are optimistic about the country’s ability to remain a world leader in Fintech in the next five years. The ability of Fintechs to attract and hire talented people is a key challenge identified by thestudy that the…