Fintech Regulation News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Indian FinTech ecosystem, the third largest in the world, is expected to reach a market size of US$ 150 billion by 2025. Digital lending has become a US$ 270 billion market in 2022. However, recent years have seen an increase in financial fraud and irregularities, leading to a lack of trust in the sector. The RBI has implemented regulations and guidelines to address these concerns, including registration requirements for FinTech companies and enhanced data privacy measures.

Shahs comments come at a time when the Reserve Bank of India (RBI) has been upping the ante in regulating fintechs in the country.

Fintech is no longer in competition with traditional banks. Instead, the sector’s evolution has opened the door to a new financial ecosystem.

THE Central Bank of Trinidad and Tobago says its “performance momentum” continued as the second year of its current five-year Strategic Plan drew to a close.

Welcome to this month's Global Digital Assets Digest. There have been a number of important publications from the regulators, notably the IOSCO's…