Money stored on mobile payment apps may not be FDIC insured, US watchdog warns Post author:MiamiCrypto Post published:June 1, 2023 Post category:Cryptocurrencies / Mobile Payments / Mobile Wallet / p2p / P2P Payments / P2P services / PayPal Deposits on mobile payment apps may not be insured by the FDIC, and customers may not know whether their money is insured or not. You Might Also Like Prosecutor General’s Office Wants to See ‘Cryptocurrency’ in Russian Law December 10, 2021 Silvergate Capital Corporation will ‘voluntarily liquidate’ Silvergate Bank March 8, 2023 Hodlers prefer centralized exchanges over DeFi for security: Chainalysis October 13, 2022