Why would Stripe need to be regulated "like a bank"? It's a payment processor. It handles money. You're not supposed to keep money IN it, not for very long any

Why would Stripe need to be regulated "like a bank"? It's a payment processor. It handles money. You're not supposed to keep money IN it, not for very long anyway. It's a path, not a destination. Paypal is different. They are b2c and heavily advertise their wallet service. They have crypto and ways to earn interest off of it. They upsell insurance and credit cards. How are they comparable?!