The UK open banking regulations are a good model to follow. The problem is the intersection of extreme profits at stake and the public's lack of understanding

The UK open banking regulations are a good model to follow. The problem is the intersection of extreme profits at stake and the public's lack of understanding of the underlying causes. That's not a recipe for good political outcomes. In the case of the UK open banking regulations I suspect tech lobbying (powerful) might have trumped high street bank lobbying (not as powerful).