PayPal faces SEC action related to PYUSD stablecoin: Official By Cointelegraph
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Payment giant PayPal (NASDAQ:) has received a subpoena from the United States Securities and Exchange Commission (SEC) regarding its U.S. dollar-pegged stablecoin.
The Enforcement division of the SEC has sent a subpoena to PayPal related to its PayPal USD (PYUSD) stablecoin, the firm officially disclosed on Nov. 2 in its Q3 financial report with the SEC.
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Payment giant PayPal (NASDAQ:) has received a subpoena from the United States Securities and Exchange Commission (SEC) regarding its U.S. dollar-pegged stablecoin.
The Enforcement division of the SEC has sent a subpoena to PayPal related to its PayPal USD (PYUSD) stablecoin, the firm officially disclosed on Nov. 2 in its Q3 financial report with the SEC.
Continue Reading on Cointelegraph
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