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SEC Ends PayPal Stablecoin Probe With No Enforcement Action

SEC Ends PayPal Stablecoin Probe With No Enforcement Action

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Securities and Exchange Commission (SEC) has concluded its 16-month-long investigation into PayPal’s USD stablecoin (PYUSD) as related regulation gains momentum in Congress and the financial watchdog loosens its grip on the crypto industry. SEC Drops PayPal’s Stablecoin Investigation PayPal has revealed […]

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SEC Walks Away From Investigation Into PayPal’s Dollar-Pegged Stablecoin

SEC Walks Away From Investigation Into PayPal’s Dollar-Pegged Stablecoin

The US Securities and Exchange Commission has dropped its investigation into the PayPal dollar-backed stablecoin, PYUSD, without taking enforcement action. PayPal disclosed the decision in a Tuesday filing, marking another high-profile crypto probe closed under President Donald Trump’s administration. It said that the SEC’s Division of Enforcement had issued a subpoena in Nov. 2023, requesting

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