As the U.S., Canada, and Mexico look to renegotiate NAFTA, standardizing regulatory standards for fintech has become an item on the agenda.
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NAFTA talks must include discussion on fintech: Mexican negotiator
Vanessa Rubio, an undersecretary at Mexico's finance ministry who is taking part in the NAFTA negotiations that began in Washington on Wednesday, said discussions on financial services had found common ground between the three countries. "We are not yet sure what will end up in the text of the new agreement, but we are sure that we need to have a discussion about new services, above all about the fintech industry," Rubio told Reuters in an interview. Rubio said her U.S. counterparts were focused on transparency in new regulations, while she pushed the need to standardize rules.
