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by lisper
5346 days ago
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> Do you really believe the correct solution for these problems is to essentially make every financial startup a DBA of HUGE_BANK_X? AFAIK Bancorp is not particularly huge by contemporary standards. But I see only three alternatives to being an agent of a bank: 1. Be a money transferor 2. Be a bank yourself 3. Get the law changed None of these is very easy to do. Being an agent of a bank could be the path of least resistance. |
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