PayPal's PYUSD Stablecoin Cleared as SEC Investigation Ends

PayPal PYUSD Stablecoin Cleared as SEC Investigation Ends.jpg

PayPal has received a significant boost as the U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into the company's stablecoin, PayPal USD (PYUSD), without pursuing any enforcement action. This decision marks a pivotal moment for PayPal and the broader cryptocurrency market, indicating a potential shift in regulatory attitudes towards stablecoins.

Read more

Comments

Post a Comment

Popular posts from this blog

BitMEX Exposes Lazarus Group's Cyber Security Vulnerabilities

Image
BitMEX's security team has exposed significant operational security vulnerabilities within the Lazarus Group, a North Korean state-sponsored cybercrime organization. Their counter-operations probe revealed critical lapses, including exposed IP addresses, database access, and tracking algorithms, offering unprecedented insight into the group's methods and structure. Read more
Read more