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Big issues in FinTech

Video | November 2016 | 00:00:54

Video Details

Big issues in FinTech

[musical overture]

I think we need to see some active use of blockchain technology by regulated institutions and that means banks, superannuation funds, insurance companies, in that finance sector where there’s enormous scope.  What that means is that we’re going to need APRA, ASIC, Treasury and the Reserve Bank to continue to work collaboratively as they are to clarify how the existing rules are going to apply to those blockchain based products or how those rules will need to change.