Reply to post: Re: I'm not surprised

Euro banks warned off Bitcoin as Canada regulates it

jonathanb Silver badge

Re: I'm not surprised

Paypal is registered with the Commission de Surveillance du Secteur Financier in Luxembourg as an electronic money issuer, it keeps customer funds in a segregated bank account and meets the capital adequacy requirements. A lot of people think those regulations don't go far enough in protecting consumers, but it is better than having no protection at all.

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