PayPal’s new stablecoin, PYUSD, integrates with Ondo Finance’s OUSG tokenized fund, enabling instant conversions between PYUSD and OUSG. This eliminates traditional settlement delays, allowing investors to access Treasury […]
Tether Develops New Payment Solution Aiming for Institutional Market Share
Paolo Ardoino, CEO of Tether, has revealed plans to launch a new payment product designed for institutional use. This move by the company, which aims to compete with […]
SEC Closes Investigation of PayPal’s PYUSD: Key Takeaways Revealed
The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into PayPal’s dollar-backed digital asset, PYUSD, which launched in August 2023. PYUSD is reportedly backed by U.S. […]
SEC Closes Inquiry Into PayPal’s Stablecoin; PYUSD Faces Challenges and New Partnerships
The U.S. Securities and Exchange Commission (SEC) has closed its investigation into PayPal’s dollar-backed stablecoin, PYUSD, without taking enforcement action, according to the company’s recent regulatory filing. The […]
US SEC Closes Investigation into PayPal’s PYUSD Stablecoin
The U.S. Securities and Exchange Commission (SEC) has closed its investigation into PayPal’s PYUSD stablecoin, dropping enforcement action without penalty. This decision is boosting market sentiment as it […]
PayPal Cleared of SEC Investigation, Expands Cryptocurrency Services
In a significant move, PayPal disclosed that the Securities and Exchange Commission (SEC) has closed its probe into its stablecoin product, PYUSD. This clearance followed a subpoena issued […]
SEC Drops Investigation into PayPal’s Stablecoin: No Enforcement Action
The US Securities and Exchange Commission (SEC) has closed its investigation into PayPal’s stablecoin, PYUSD, without taking enforcement action. This marks a significant shift in the regulatory stance […]
SEC Closes Investigation of PayPal’s PYUSD Stablecoin: Relief for Crypto Payments
PayPal has been cleared by the SEC in its investigation into the stablecoin PYUSD, a development that provides relief for both the company and the broader cryptocurrency landscape. […]
SEC Ends Investigation, PayPal’s Stablecoin Initiative Advances
The U.S. Securities and Exchange Commission (SEC) has concluded its inquiry into PayPal’s PYUSD stablecoin initiative without any penalties. This development brings relief to PayPal as it allows […]
SEC Drops Investigation of PayPal’s Stablecoin, Signaling Eased Cryptocurrency Regulation
The U.S. Securities and Exchange Commission (SEC) has closed its investigation into PayPal’s stablecoin, PYUSD, without taking enforcement action. This decision marks a shift in the SEC’s approach […]
SEC Closes Inquiry into PayPal’s PYUSD, Boosting Stablecoin Adoption
The Securities and Exchange Commission (SEC) has concluded its investigation of PayPal’s USD-backed stablecoin, PYUSD, without any enforcement action. This development removes a major regulatory hurdle for PYUSD […]
SEC Closes Investigation into PayPal’s Stablecoin Project, PYUSD
The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into PayPal’s stablecoin project, PYUSD, without imposing any penalties. The SEC informed PayPal of this closure […]
SEC Ends Scrutiny of PayPal’s Stablecoin, PYUSD
The US Securities and Exchange Commission (SEC) has formally closed its investigation into PayPal Holdings Inc.’s stablecoin, PayPal USD (PYUSD). The news came as part of the company’s […]
SEC Ends Investigation into PayPal’s PYUSD Stablecoin
The U.S. Securities and Exchange Commission (SEC) has closed its investigation into PayPal’s PYUSD stablecoin, without taking any enforcement action. The agency confirmed the decision in a regulatory […]
SEC Halts Investigation into PayPal’s PYUSD Stablecoin, Boosting Fintech Stability
The U.S. Securities and Exchange Commission (SEC) has put an end to its probe of PayPal’s PYUSD stablecoin project without taking enforcement action. This signifies a shift in […]