SEC Drops Probe Into PayPal's PYUSD Stablecoin 🔍
The U.S. Securities and Exchange Commission (SEC) has ceased its probe into PayPal's stablecoin, PYUSD. This development comes as Congress accelerates initiatives to regulate the stablecoin sector, aiming to provide clearer guidelines for market participants. The conclusion of the investigation could signal a more structured approach to stablecoin oversight, aligning with broader regulatory advancements.
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