The UK launches an anti-competitive behavior investigation into Mastercard, Visa, and PayPal

By: rootdata|2026/05/06 21:42:01

The UK's financial regulatory authority has stated that it has launched an investigation into Mastercard (MA.N), Visa (V.N), and PayPal (PYPL.O) due to suspicions of anti-competitive behavior regarding the flow and use of funds in the PayPal digital wallet.

The Financial Conduct Authority (FCA) stated on Wednesday that it has not yet reached a conclusion on whether the relevant companies have violated competition law. PayPal disclosed this investigation in a regulatory filing this week. A representative from PayPal stated that the company is cooperating with the FCA investigation but will not comment further as the case is still ongoing.

-- Price

Claude Code founder's in-depth sharing at the Sequoia Conference: AI is downgrading "coding" to a basic skill, cross-domain product insights have become the new core barrier, traditional SaaS moats are completely collapsing, and the golden era of startups disrupting large companies has already begun...

Morning Report | MoonPay acquires Solana's execution layer DFlow; Strategy releases Q1 financial report; Manta Network announces the termination of Manta staking program

Overview of Important Market Events on May 6th

Dialogue Velocity Eric: What is the stablecoin track that the CFO really wants?

Former Worldpay strategic executive enters the crypto space: Revealing how Velocity tackles the CFO's most troublesome issues of cross-border settlement and idle funds with "stablecoin payment accounts."

The payment moment of AI agents: Who will become the Stripe of the machine economy?

Cryptographic infrastructure and card organizations are not mutually exclusive; the winner is the unified gateway that connects both tracks simultaneously.

Rented Tracks: What is this wave of stablecoin FX hot money really paying for?

What is truly being repriced in the market is the layer between stablecoin issuers and the real economy - the transaction layer.

Strategy should have said that selling coins is not ruled out

If Saylor sells his coins, will the cryptocurrency market plummet?

How MegaETH Achieved a TVL of 700m Within a Week of TGE? Analyzing the Packaging Strategy

MegaETH created a flywheel with USDm, aiming to attract a large number of users and funds in the short term.

Futures Trading Hours: Trade Cryptocurrency 24/7 and Earn Back Up to 45% in Trading Fees

Learn futures trading hours and the best time to trade crypto futures. Discover 24/7 market insights, peak trading sessions, and how to earn back up to 45% in fees.

a16z founder's Stanford lecture: Whenever Wall Street and Silicon Valley have different ideas, it's Wall Street that ends up being wrong

Ben Horowitz, co-founder of a16z, delivered a powerful talk: The two traditional moats of software in the AI era have been erased, and entrepreneurs must seek "new barriers" beyond code and UI.

Michael Saylor: After three consecutive quarters of losses, Strategy will sell Bitcoin to pay dividends

After MSTR's financial report showed continued net losses, Saylor changed his stance: Bitcoin is no longer "never to be sold" and can be used as a payment tool.

The toll station at Hormuz and the RMB that cannot be bought

The disorder of the US dollar is giving rise to a new situation in global settlement: gold is being redefined as a "bridge," the CIPS system is expanding rapidly, and global funds are quietly opening up a new channel for the renminbi, which is "hard to obtain."

Morning Report | MoonPay acquires Solana's execution layer DFlow; Strategy releases Q1 financial report; Manta Network announces the termination of Manta staking program

Overview of Important Market Events on May 6th