The move follows a broader push for financial deregulation under President Trump that has allowed digital asset companies to obtain preliminary banking charters.
PayPal is seeking a banking charter that would allow it to boost its lending business, offer savings accounts that can earn interest and make customers’ deposits eligible for federal insurance coverage, the payments company said Monday.
PayPal has su… [3625 chars]
Source: Anchorage Daily News | Published: 2025-12-19T00:37:43Z
Credit: Anchorage Daily News
