Authorizes the Commissioner of Financial Institutions to create rules for the Fintech Regulatory Sandbox Program.
This bill amends the Code of West Virginia to authorize the Commissioner of Financial Institutions to create rules for the Fintech Regulatory Sandbox Program. The program aims to foster innovation in financial technology by allowing fintech companies to test new products and services in a controlled environment. The rule-making authority is based on a previous legislative rule filed on February 3, 2025.
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