Interesting bit here, I continue to believe that Cardano is very well suited for fintech applications:
Third, risks stem from coding errors in the underlying protocol and in smart contracts. Also, few people are able to understand the intricacies of the technology, which exacerbates operational risks and the risk of fraud. Cases have been reported of ICO issuers siphoning off funds from supposedly secure DLT accounts or smart contracts. We need to make sure that our rules provide for relevant security safeguards as far as the DLT protocol and the smart contracts used on top are concerned.