PayPal Subpoenaed by SEC Over USD Stablecoin!

PayPal Subpoenaed by SEC Over USD Stablecoin!


Coinpedia
2023-11-02 10:40:20

The post PayPal Subpoenaed by SEC Over USD Stablecoin! appeared first on Coinpedia Fintech News PayPal has received a subpoena from the Securities and Exchange Commission (SEC) over its US dollar stablecoin, the company has confirmed. PayPal launched the stablecoin in August, making it a popular payment method for those seeking to avoid high levels of exposure to digital currency fluctuation. The subpoena reflects the increasing scrutiny regulatory bodies are …