US Government Accountability Office Releases FinTech Reports

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The US Government Accountability Office released the first in a series of planned reports on fintech. In the report, the GAO describes the general regulatory framework for oversight over four subsectors of fintech, including marketplace lending, mobile payments, digital wealth management and distributed ledger technology. The report also found that the regulation of each subsector depends on the extent to which the firms provide a regulated service and the format in which such services are provided.

View the GAO report.

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