Browsing: Open Banking

The battle for open banking pits crypto and fintech innovators against traditional banks in a high-stakes fight over consumer data control, with over 100 million Americans’ financial futures hanging in the balance as regulators decide whether to unleash innovation or protect entrenched monopolies.

A coalition of crypto and fintech groups challenges traditional banking opposition to open banking, advocating for consumer data control and competitive financial markets amid regulatory debates and industry pushback.

The political and regulatory landscape of cryptocurrency is at a crossroads, with significant developments in US legislation and global scrutiny shaping the future of digital assets.