Regulating Fintech and Emerging Payments Technology

Crypto-related activity continues to be a focal point in legislative efforts at both the federal and state levels. State agencies, exemplified by New York financial regulators, are leading the charge by clearly articulating their expectations for the use of virtual currency. Federal banking agencies, such as the Consumer Finance Protection Bureau, have broad supervisory and enforcement authority over financial technology companies (FinTech), and are increasingly exercising such supervision and enforcement authority. Access this practice note and gain an understanding of the regulatory issues and requirements for FinTech.

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