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89 sats \ 2 replies \ @k00b 22h \ on: PayPal applies for US banking license Stacker_Stocks
What would a banking license allow them to do that they can't already? FDIC insurance? Loans?
Probably opens up more markets being able to say they are now FDIC insured.
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And checking and savings accounts. No more using other banks to process their transactions. A part of me wishes Cash App did this.
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