Yes, since they are not a bank, they are not regulated in any manner to provide you with cash management services (State or Federal).
Is PayPal’s withdrawal limit legally permitted?
Is it lawful to send money to someone via PayPal for the purpose of them passing the cash to another person?1 ansWhat is Stripe’s legal structure as a company?1 ansIf a system glitch allows untraceable withdrawals or transfers and I report it but it remains unfixed, is using it illegal?1 ansLegally speaking, is Bitcoin treated more as a currency or as a payment protocol?1 ans