Global regulators move closer to regulating fintech

By Huw Jones LONDON (Reuters) - Global regulators have moved closer to regulating the fledgling fintech sector, which includes blockchain technology that supports bitcoin, to ensure the industry's rapid growth does not pose any risks to the financial system. The Financial Stability Board (FSB), which met in Tokyo on Thursday, has agreed on a framework for categorizing different components of fintech and assessing their potential risks. The FSB, made up of central bankers, regulators and finance