Mastercard Fined $650M by EU for ‘Artificially’ Raising Fees

Mastercard Fined $650 Million by E.U. for ‘Artificially’ Raising FeesThe European Union’s competition commission has handed Mastercard a €570 million euro ($648 million) fine for artificially raising payment processing fees in breach of antitrust laws, according to an online statement published on Jan. 22. Mastercard forced merchants to pay exchange fees in their countries of residence, forestalling their access to banks with lower fees […]

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The Daily: Trustology Raises $8 million, SEC Fines Crypto Fund Coinalpha

The Daily: Trustology Raises $8 million, SEC Fines Crypto Fund CoinalphaU.K.-based startup Trustology, which develops storage solutions for digital assets, has raised $8 million in funding and we’ve got the news in this edition of The Daily. We also look at the SEC’s decision to fine another crypto company for breaching U.S. securities laws and HTC’s decision to have Brave as the default web browser […]

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