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Nor is PayPal obliged to pay into deposit protection funds as EU banks are AFAIK. I think PayPal needs to start worrying about their standing in EU and becoming
by tannhaeuser 7y ago
Nor is PayPal obliged to pay into deposit protection funds as EU banks are AFAIK. I think PayPal needs to start worrying about their standing in EU and becoming a collateral damage when France and Germany are on a roll to make a case for exercising currency sovereignty.
- spiralx 7y agoI'm fairly certain that PayPal is registered as a bank here in the EU, possibly in Luxembourg. It couldn't operate how it does here otherwise.