Committee weighs open-banking rollout, general regulatory sandboxes and whether Wyoming should widen its sandbox law
The committee reviewed the state’s open-banking rule status and debated whether to update Wyoming’s fintech sandbox or adopt a broader regulatory sandbox; officials said CFPB open-banking rules face legal challenge and that Wyoming’s sandbox has seen limited use.
The full story
The Select Committee on Blockchain, Financial Technology and Digital Innovation Technology received updates on open banking and Wyoming’s financial-technology sandbox and discussed whether to broaden the state’s sandbox law to cover additional sectors such as insurance or housing.
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