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Looming legislation for crypto, open banking and payments
The financial services regulatory regime is "designed to be technology agnostic, so it ought to keep pace as much as possible with new products and new ways of delivering those products". However, given seismic shifts in recent times, the current regime "just doesn't fit".
On this episode of The Lawyers Weekly Show, host Jerome Doraisamy speaks with K&L Gates partner Daniel Knight to discuss how and why existing laws haven't kept pace with the rapid evolution of cryptocurrency and changes in open banking and payments, why there is a need for a more tailored response, recent developments that…
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