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Re:Crypto.com Will Delist Tether in Canada by chii on Tuesday January 10, 2023 @11:20PM (#34334965)
> So now there's a business where the only way to make money is to break the regulations that exist to stop banks from doing exactly what they're doing

so it worked for uber & AirBNB, i'm sure these companies doing this are asking why not for them?

Re:Crypto.com Will Delist Tether in Canada by ravel-bar-foo on Tuesday January 10, 2023 @11:40PM (#34335064)
Hotels are locally regulated, with side effects for maybe one town if a few go backrupt. This gives nationwide startups leeway to out-innovate regulators. Banks can have a much larger reach if they fail, and so are federally regulated. This prevents the same from happening. There are no startups seeking to out-innovate the FAA, for example.