
When the Fed Hates Your Financial Innovation
Cato Daily Podcast
Navigating Financial Innovation and Regulation
This chapter examines the tension between traditional banking systems and emerging financial technologies, particularly in light of the Federal Reserve's response to innovation. It highlights the struggles state-chartered banks face in integrating digital assets and the growing frustration among consumers seeking faster financial solutions. The discussion critiques the regulatory environment shaped by outdated perspectives and fears, leading to increased mistrust among fintech operators.
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