Any idea why this is the situation? What about doing a state-by-state charter? | Hacker News

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		techsupporter on Aug 9, 2018 \| parent \| context \| favorite \| on: The Secret API of Banks Any idea why this is the situation? What about doing a state-by-state charter?

ctdean on Aug 9, 2018 [–]

The fed is still living with the fear of the 2008 crash. And you still need FDIC insurance even if you have a state charter.

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