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The Challenges for Regulators in Recent Years
In the UK, for example, I think we've been very fortunate to have a set of fairly progressive regulators. London in particular has been one of the world's leading Fintech hubs is because of that. And therefore, I'm also not surprised that various other regulators across the globe have sort of tried to copy what the UK have done. But as long as the regulator provides clarity around what this is going to look like, I think that will also lead to more adoption and providing both banks and fintechs more clarity about what is the art of the possible.