SEC Drops PayPal’s PYUSD Stablecoin Probe With No Action
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PayPal has confirmed that the U.S. Securities and Exchange Commission has ended its investigation into the company’s U.S. dollar-backed stablecoin, PYUSD, without taking any action. In a regulatory filing on April 29, PayPal said the SEC notified them that the case was closed. The investigation began after PayPal received a subpoena from the SEC’s Division of Enforcement in November 2023. The news marks a positive step for PayPal’s crypto ambitions, clearing a regulatory cloud over PYUSD.
Why Alpaca Finance (ALPACA) Price is Up Today?
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Roswell Becomes First U.S. City to Hold Bitcoin as a Reserve Asset
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Pi Network Poised for Breakout? Experts Predict Major Surge Ahead of Consensus 2025
The post Pi Network Poised for Breakout? Experts Predict Major Surge Ahead of Consensus 2025 appeare...