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Reid Hoffman Is Teaching at Stanford. Here is his app

by Larry Chiang on September 25, 2015

hat the FDIC had a regulatory inclusion for deposit brokers. So, if we followed the rules of deposit brokers, then the PayPal customers would be legitimately covered by FDIC insurance. This helped banking regulators understand that consumers were being protected on their balances, and so navigated the regulatory relationships. https://www.wsj.com/articles/BL-VCDB-17726

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