“If it involves money. It’ll be on our platform. Money or securities or whatever. So, it’s not just like send $20 to my friend. I’m talking about, like, you won’t need a bank account.”

Well that sounds terrifying!

  • CmdrShepard@lemmy.one
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    1 year ago

    Somehow services like PayPal manage to avoid being regulated like a bank. I’m sure they’ll clobber cobble together some potentially unlawful solution and not face any repercussions for it.