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Piecemeal regulation is hindering US fintechs

This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. High-level criticism of the US regulatory regime for fintech is gathering steam. Mark Warner, Governor of Virginia, said that there is a lack of expertise among the regulators responsible for fintech regulation, effectively making the industry a "Wild West space," at an event hosted by The Brookings Institute last Thursday.
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