15 November 2024

US Presidential Election: Impact on US Fintech

Written By FinTech Alliance in FinTech

US Presidential Election: Impact on US Fintech

With Donald Trump’s anticipated policy agenda, the fintech sector in the US might see regulatory shifts focused on both innovation and stability. Trump’s financial policy direction emphasizes loosening restrictions to foster fintech growth while protecting critical infrastructure, particularly through reduced regulatory friction for digital assets, open banking, and cybersecurity frameworks. Industry leaders are preparing for both growth and adaptation within this evolving policy landscape.

Key Points:

  • Trump's potential policies focus on fostering fintech innovation while ensuring system stability.
  • Expected reduction in regulatory hurdles for digital assets and open banking.
  • Cybersecurity and financial system resilience to be prioritized.
  • Balancing growth and regulatory compliance will be key for fintech firms.

Read more here

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