SEC ends investigation into PayPal’s PYUSD stablecoin without enforcement 🛡️
The Securities and Exchange Commission (SEC) has completed its investigation into PayPal's stablecoin, PYUSD. The inquiry did not result in any enforcement actions being taken against PayPal. This news comes as a relief to the company and highlights the ongoing regulatory scrutiny around stablecoins, which are digital assets designed to maintain a stable value.
Source: www.theblockcrypto.com ↗
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