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Square withdraws FDIC Application - XRP AI/ML Signal

KRAKEN:XRPUSD   XRP
Square has confirmed that it has withdrawn its application to the FDIC. The firm did say that it will refile later this year. However, Square still has an application pending with the Utah Department of Financial Institutions. The firm decided to withdraw its application so that it could amend and strengthen areas of its application. Square positions itself as a bridge between the financial system and the underserved and will continue to focus on small businesses, not rival community banks.

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