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The Pandemic Is Spurring Fintech Regulation Across the Globe

Since the outbreak, 45 percent of central banks and financial regulators have increased the prioritization of their fintech work, a new survey by the World Bank and the Cambridge Centre for Alternative Finance reveals, per Crowdfund Insider. Most are introducing new measures to better cover the growing sector, such as creating digital banking frameworks.

The pandemic has catalyzed an increase in fintech adoption, creating new risks for regulators to address.