While speaking at the Asian Financial Forum Jiang Yang, vice chairman of China’s Securities Regulatory Commission (CSRC) said that fintech should serve the broader economy, not a select few; two markets mentioned in the talk included p2p lending and cryptocurrencies as they are two of the most popular areas of fintech in China; while Mr. Yang stated that fintech has provided more convenience they should not ignore risks like money laundering and financial crime; he also stated that regulators can play a key role to ensure these new tools are used properly and are widely adopted. Source.
Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.