PayPal issued subpoena by SEC over PYUSD stablecoin
PayPal has confirmed it has received a subpoena by the US Securities and Exchange Commission (SEC) in regards to its PYUSD stablecoin. Announced during PayPal’s quarterly earnings report this week, the subpoena requests documentation from the global payments firm on the stablecoin without going into more detail. The filing stated: “On November 1, 2023, we … Continue reading PayPal issued subpoena by SEC over PYUSD stablecoin
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