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Utah Joins Arizona Allowing Fintech Experimentation

Saturday, Jul 06 2019

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Written by FinTech News Brief Staff

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Utah Joins Arizona Allowing Fintech Experimentation

Utah has become the latest location to launch a regulatory sandbox to allow fintechs to test products before getting a license. So reports CoinGeek.

The state’s Department of Commerce will be responsible for processing applications and providing administrative oversight. Utah has become the second state to build a regulatory sandbox and has been ranked by Forbes as the best state for business. Singapore, the United Arab Emirates and the U.K. have also undertaken similar initiatives.

Read the full article from CoinGeek.

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