X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Tech companies haven’t been shy about pushing into heavily regulated industries such as healthcare. But while finance also represents a new frontier of possibilities for the deployment of technology, a dense regulatory landscape may ultimately dictate that progress be slow and steady.

Whether it is Facebook exploring digital currencies or Google planning to introduce consumer bank accounts, a recent article by CNBC pointed out that many tech entities are steering clear of crossing the line into regulated financial institution territory. Still, even those lines can be difficult to navigate, while the possibility of new regulations that deal specifically with fintech may become gridlocked in a battle waged between state and federal regulators.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

Frank Ready

Frank Ready is a reporter on the tech desk at ALM Media. He can be reached at [email protected]

More from this author

Law Firms Mentioned

 

General Counsel Summit (GCS) 2021Event

General Counsel Summit is the premier event for in-house counsel, hosting esteemed legal minds from all sectors of the economy.

Get More Information
 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.