EU: Banks Could Engage in Competitive Misconduct to Keep Users From Bitcoin


A report has been published on the current fintech market at the request of the ECON Committee. It analyses competition issues in the sector and cryptocurrencies were featured in it. The European Parliament Committee on Economic and Monetary Affairs, also known as ECON, is a committee overseeing the decisions made by the European Central Bank (ECB). At its request, the Police Department for Economic, Scientific, and Quality of Life Policies published a document analyzing the major competition issues the financial technology (fintech) area faces, including challenges in banking, forex, insurance, wealth management, personal finance, and cryptocurrencies.

image via Shutterstock

Read More

Follow us on: