Synapse, One Year Later: A Very Special Episode
Fintech Business Podcast
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Regulatory Oversights in Fintech
This chapter critiques the oversight failures related to Synapse, highlighting inconsistencies in regulatory governance and execution by bodies like the Fed. It emphasizes the need for better communication and accountability from regulators, especially concerning third-party service providers and broker deposits. The discussion further examines the implications of recent regulatory rollbacks on fintech companies, underscoring the necessity of a nuanced, data-driven approach to regulation in the evolving banking landscape.
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