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 Fed conducted ‘policy sprints’ around crypto assets to address regulatory clarity November 23, 2021 The Metaverse, play-to-earn and the new economic model of gaming October 10, 2021 New survey sheds light on people’s concerns about investing in crypto May 18, 2022