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Fintech Headlines

BlackRock's Fink says bitcoin thrives on its anonymity

Bitcoin, whose value has fluctuated significantly this month, remains a "speculative" investment that thrives because of the cryptocurrency's anonymous nature, BlackRock Inc Chief Executive Larry Fink said on Monday.

Think bitcoin's getting expensive? Try Zimbabwe

For most investors around the world, bitcoin is a volatile and highly speculative bet. For Zimbabweans, however, the cryptocurrency seems to offer rare protection from the onset of hyperinflation and financial implosion.

Bitcoin slides by over $1,000 in less than 48 hours

Bitcoin dropped below $7,000 on Friday to trade more than $1,000 down from an all-time high hit on Wednesday, as some traders dumped it for a clone called Bitcoin Cash, sending its value up around a third.

PayPal starts payment services in India

Payment processor PayPal Holdings Inc on Wednesday launched domestic operations in India, a market already dominated by China's Alibaba-backed PayTM, the country's leading digital payments firm.

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Tax overhaul drama moves to Senate as House approves its bill

WASHINGTON Congressional Republicans took important steps on Thursday toward the biggest U.S. tax-code overhaul since the 1980s, with the House of Representatives approving a broad package of tax cuts, and a Senate panel advancing its own version of the legislation sought by senior lawmakers and President Donald Trump. | Video