Recently, the fintech and Crypto Assets industry has sparked a wave of protests against banks' data access fees. It is reported that over 80 industry executives jointly submitted a petition to the current government, strongly opposing the practice of banks charging customers for data access.

These industry leaders believe that allowing banks to implement this fee policy would severely infringe on consumers' rights and restrict their ability to freely choose financial services. They are concerned that this practice could hinder financial innovation and impact the development of emerging fintech companies.

Experts analyze that the practice of banks charging data access fees may stem from traditional financial institutions' defensive stance towards emerging financial technology. However, this practice not only undermines healthy competition in the industry but may ultimately harm consumers' interests.

In this regard, some industry insiders have stated that the government should pay attention to this issue and formulate relevant policies to protect consumers' data rights, while also balancing the interests of traditional banks and emerging fintech companies to promote the healthy development of the entire financial ecosystem.

This controversy has also sparked discussions about data ownership and usage rights. With the rapid development of financial technology, finding a balance between protecting personal privacy and promoting innovation will be a major challenge for regulators.