Fintech News: June 23rd, 2017

New Trading Service Declares War On ‘Disgraceful’ Commissions (Forbes)

The UK market has it’s own free-trading broker now, Trading 212. While all of the major US brokers charge around $5-7 per trade, UK brokers typically charge around £11.

US Wants Travelers to Declare Cryptocurrency Assets At Border (International Business Times)

Regulators are hoping to control the threat of moving money across borders to fund terrorism. However, it’s still fairly easy to do that through traditional financial channels, and the evidence that cryptocurrency funds terrorism is mostly anecdotal, as of today.

Will Amazon Become a Force in Fintech? (TechCrunch)

EY thinks Amazon is the most likely tech company to get into finance, first by expanding into payments and lending.

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