To me, regulatory news means two things: -
1. APT is indeed innovative and disrupting the fintech space; and2. Governments are planning for a future with APT for the long term.
Management made clear in today's announcement that their recommendations were taken on board. Clearly they aren't shying away from government interaction when they understand that it is legislative reform that further legitimises their business model in the public's mind and hence increases its credibility as a safe to use fintech product to its existing and future users and merchant clients.
Wouldn't be surprised if the word "Afterpay" makes the jump from being listed in Urban Dictionary to debuting in the Oxford Dictionary in a few years.
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