Payments giant PayPal says that it has received a subpoena from the U.S. Securities and Exchange Commission (SEC) over its new stablecoin. In a new document, PayPal says that the regulatory agency has issued a subpoena over PYUSD, the firm’s dollar-backed stablecoin which launched earlier this year. “On November 1, 2023, we received a subpoena The post PayPal Says It Has Received a Subpoena From the SEC Over the PYUSD Stablecoin appeared first on The Daily Hodl .
