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Journalist Ryan Grim breaks down the CFPB's clash with Silicon Valley over the "non-bank" designation and avoiding banking regulations: "Why would he single out this one thing... you also most definitely cannot do? What does it mean to designate something as non-bank? Well, Silicon Valley is trying to make... show more

HalalFlow

23,741 subscribers

40,980 次观看 • 1 年前 •via X (Twitter)

科学技术新闻政治教育

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5 条评论

Intrepid News 的头像

Intrepid News1 年前

@lwoodhouse @ryangrim It only matters is musk wants FDIC insurance, otherwise he is controlled by the state the bank operates in. I don’t think he wants to be a bank, I think he wants to provide financial services like PayPal or visa does. Those aren’t banks either.

Breakout 的头像

Breakout1 年前

Don’t risk Your personal account— Secure Your Capital Today with Breakout

Zygett 的头像

Zygett1 年前

@ryangrim Yawn.

Maniac 的头像

Maniac1 年前

@ryangrim Your reporting is as grim as your name..wanker

Michael S 的头像

Michael S1 年前

@ryangrim Leftists think you can make a million regulations and there is no downside to doing this. Yeah some regulations are good but they are hurdles to innovation. It's ridiculous to regulate every fin tech startup like Bank of America. I'm not going to have my life savings in X.

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