News for hackers. Stuff that matters.

A comment on US proposes barring tech companies from offering financial services. Parent comment

Re:US proposes barring tech companies from offering financia... by dragonwriter on Thursday July 25, 2019 @09:17AM (#20525104)
PayPal is a money transmitter, which requires a different federal license than a state or federal banking license.
[ Parent | on HN ]

There are no comments on this comment yet.