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When the Fed Hates Your Financial Innovation

Cato Daily Podcast

CHAPTER

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 The discussion critiques the regulatory environment shaped by outdated perspectives and fears, leading to increased mistrust among fintech operators.

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