EU Investigating Facebooks Libra Cryptocurrency From Anti-Trust Angle

EU Investigating Facebooks Libra Cryptocurrency From Anti-Trust Angle
фото показано с : btcmanager.com

2019-8-21 13:00

The European Commission, an executive branch of the EU, has initiated their inquiry into Libra’s ability to suppress rivals and create a financial monopoly. Reports from Bloomberg, August 21, 2019, confirm that the European Commission is scrutinizing the consortium of companies involved with Libra.

Visa, MasterCard, Facebook, and the Commission have declined Bloomberg’s request for comment.   The Threat ofRead MoreRead More. The post by Ashwath Balakrishnan appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\. origin »

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Facebook Faces Fresh EU Scrutiny As WhatsApp Edges Closer To Mobile Payments

The European Union is actively probing Facebook’s Libra digital currency project for competition law violations, mainstream media report. Facebook’s Libra Has ‘Potential Anti-Competitive Behavior’ According to Bloomberg, which cited official correspondence August 20, the European Commission is quizzing Libra participants via a dedicated questionnaire.

2019-8-21 14:00