X “unfit” for banking because of complicity in Saudi spying, lawyers argue
Read the letter urging regulators to end Musk’s dream of turning X into a bank.
US banking regulators are being urged to reconsider approving X's applications to provide financial services, The Guardian reported. And Ars confirmed that states that already granted licenses are being pressured to revoke them.
https://arstechnica.com/tech-policy/2023/09/x-unfit-for-banking-because-of-complicity-in-saudi-spying-lawyers-argue/ #X #banking #saudi #complicity #spying #regulators #musk