SEC Ends Investigation Into PayPal’s PYUSD Stablecoin Without Enforcement, Notified PayPal in February

The U.S. Securities and Exchange Commission (SEC) has officially ended its investigation into PayPal’s stablecoin, PYUSD, without taking any enforcement action. According to a recent filing by PayPal, the SEC informed the company in February that the inquiry would be closed without penalties or further regulatory measures. This development marks the conclusion of regulatory scrutiny over PayPal’s PYUSD stablecoin, which had been under review by the SEC. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant