Klarna CEO: FTX Blowup May Lead to Over-Regulation

The transcript discusses the current challenges in the tech sector, including job cuts and restructuring. It highlights a shift in investor focus from long-term opportunities to short-term profitability. The speaker expresses concerns about the crypto market and the potential for increased regulation by traditional banks, which could stifle competition and harm consumers. The need for consumer protection laws that do not hinder competition is emphasized.

What does the speaker imply about the future of competition in the banking industry?

How does the speaker view the impact of recent debacles on consumer protection laws?