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KM Financial Solutions | UPDATE 2-U.S. Treasury backs special federal charter for fintech firms
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UPDATE 2-U.S. Treasury backs special federal charter for fintech firms

30 Jul UPDATE 2-U.S. Treasury backs special federal charter for fintech firms

Posted at 15:55h in News by
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The U.S. Treasury on Tuesday
backed the creation of a federal charter for financial
technology firms, in a boon for online and peer-to-peer lenders
that have long complained the current state-by-state licensing
regime is expensive and outdated.

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