A More Balanced Regulatory Framework Is Needed To Achieve A Level Playing Field For Banks, BigTech, And FinTech

Both activity-based and entity-based regulations are needed for BigTech and FinTech to level the playing field. While there is a debate as to whether regulations should be activity-based or entity-based, I believe that there is a strong case for relying more, and not less, on entity-based rules for BigTech companies.

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