The ultimate Fintech may be Meta’s proposed Diem global stablecoin. However, there are several key regulatory obstacles, such as data protection and AML. The collapse of one of the pre-eminent European Fintechs, Wirecard, has further highlighted the risks and regulatory issues. This course explains which areas of business the Fintechs are targeting, how the regulators’ approach is critical, the opportunities and obstacles and how the incumbents are responding.
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