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Nov
On November 3, 2021, Acting Comptroller of the Currency, Michael Hsu, gave remarks at the American Fintech Counsel's "Fintech Policy Summit 2021" and called for "leveling up banking and finance" to address regulatory issues and risks posed by "synthetic banking providers" in the fintech and crypto industry. "Crypto firms today are regulated at most only partially and selectively, with no single regulator having a comprehensive view of the firm as a whole."1Addressing the regulatory issues and risks in the fintech and...