SEC Drops Investigation into PayPal’s Stablecoin
The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into the PYUSD stablecoin from payment giant PayPal. The regulator informed the company of the closure of the inquiry without any claims or penalties. PayPal received a request from the SEC for documents regarding the “stablecoin” in November 2023. At that time, company representatives […]