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Bloomberg Daybreak: Europe Edition
00:00
The New Dead Zone
Robin Hood came really close to launching here, securing a license from the financial regulator and actually signing people up to a waiting list. But all those plans were cancelled back in 2020 amid heightened scrutiny in its home market over allegations it misled customers. Now there is an extra regulation here in the UK about these apps that regulators are getting a lot more wary of anything that looks like a game or that has game-like elements when it comes to real money. So it's going to be a very interesting discussion, I think.
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