> you can't control
Well, they're not above the law. They're effectively a bank and must follow the laws in the countries in which they operate.
> you can't control
Well, they're not above the law. They're effectively a bank and must follow the laws in the countries in which they operate.
Paypal is very specifically not a bank and does not have to follow banking regulations
https://en.wikipedia.org/wiki/PayPal#Regulation
Paypal was granted a banking license seventeen years ago. This has made a lot of people very angry and been widely regarded as a bad move.
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