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CryptoCoin.News 2023-11-02 11:45:17

PayPal Under SEC Scrutiny Over Its Stablecoin PYUSD

Digital payment behemoth PayPal is currently navigating regulatory waters as the United States Securities and Exchange Commission (SEC) casts an inquiring glance at its U.S. dollar-pegged stablecoin, PYUSD. Revealed in a report, PayPal confirmed the receipt of a subpoena from the SEC’s Enforcement division this November, spotlighting the company’s recent foray into the crypto space. The post PayPal Under SEC Scrutiny Over Its Stablecoin PYUSD appeared first on CryptoCoin.News .

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