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by egberts1 1198 days ago
You missed the part about "non-bank" exempted from ANY limit on March 14, 2014 in the FR Notice.
2 comments

“I think the old limit was 50 billion but go changed to I think 150 billion which puts SVB below the threshold for the stress test.”

Maybe the parent post missed that but I was responding to that post.

Why should non-interest bearing electronic wallets be subjects to the same limits? Cash is less of a liability for them.