ORCID
Radosław Ciukaj: 0000-0002-8518-6128
Mateusz Folwarski: 0000-0001-6109-9110
Abstract
The aim of the article is to identify the relationship between the level of regulation of various segments of the FinTech industry and the level of development of this sector. To address this research problem, the paper analyses the scope of regulation in 14 segments of the FinTech sector, and based on that, develops the FinTech Regulation Index for the individual European Union countries. Then, the paper uses this index to examine if there is a relationship between the level of regulation and the level of FinTech development in the various European Union countries. The econometric analysis confirmed the initial hypothesis that there is a significant relationship between the level of FinTech sector regulation and the level of its development.
Recommended Citation
Ciukaj, Radosław and Folwarski, Mateusz
(2024)
"FinTech regulation and the developmentof the FinTech sector in the European Union,"
Journal of Banking and Financial Economics: Vol. 2023:
No.
19, Article 3.
DOI: 10.7172/2353-6845.jbfe.2023.1.3
Available at:
https://press.wz.uw.edu.pl/jbfe/vol2023/iss19/3
First Page
44
Last Page
56
Page Count
13
Received Date
10 November 2023
Revised Date
17 April 2023
Accept Date
28 April 202
Online Available Date
11 May 2023
DOI
10.7172/2353-6845.jbfe.2023.1.3
JEL Code
G2; G23
Publisher
University of Warsaw