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> 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.

• mrguyorama 1y ago
  Paypal is very specifically not a bank and does not have to follow banking regulations
  • pixxel 1y ago
    [dead]
  • lucb1e 1y ago
    https://en.wikipedia.org/wiki/PayPal#Regulation 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.