Too high regulatory and administrative requirements were the main barriers to the FinTech market development in Poland in 2020. Areas, where system regulations need to be improved, include distributed register technology and cryptocurrency, and cloud computing. According to the source, the banks have shown the need for the proper regulation of electronic money, which is treated in Poland more strictly than in other EU member states.
Areas requiring better system regulations in the FinTech industry in Poland in 2020
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Fundacja na rzecz Innowacji Finansowych FinTech Polska. (January 15, 2020). Areas requiring better system regulations in the FinTech industry in Poland in 2020 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1126671/poland-areas-requiring-better-system-regulations-in-the-fintech-industry/
Fundacja na rzecz Innowacji Finansowych FinTech Polska. "Areas requiring better system regulations in the FinTech industry in Poland in 2020." Chart. January 15, 2020. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1126671/poland-areas-requiring-better-system-regulations-in-the-fintech-industry/
Fundacja na rzecz Innowacji Finansowych FinTech Polska. (2020). Areas requiring better system regulations in the FinTech industry in Poland in 2020. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1126671/poland-areas-requiring-better-system-regulations-in-the-fintech-industry/
Fundacja na rzecz Innowacji Finansowych FinTech Polska. "Areas Requiring Better System Regulations in The Fintech Industry in Poland in 2020." Statista, Statista Inc., 15 Jan 2020, https://www.statista.com/statistics/1126671/poland-areas-requiring-better-system-regulations-in-the-fintech-industry/
Fundacja na rzecz Innowacji Finansowych FinTech Polska, Areas requiring better system regulations in the FinTech industry in Poland in 2020 Statista, https://www.statista.com/statistics/1126671/poland-areas-requiring-better-system-regulations-in-the-fintech-industry/ (last visited December 21, 2024)
Areas requiring better system regulations in the FinTech industry in Poland in 2020 [Graph], Fundacja na rzecz Innowacji Finansowych FinTech Polska, January 15, 2020. [Online]. Available: https://www.statista.com/statistics/1126671/poland-areas-requiring-better-system-regulations-in-the-fintech-industry/