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SEC Drops Hammer—Then Walks Away: PayPal’s PYUSD Stablecoin Cleared With No Charges
SEC Drops Hammer—Then Walks Away: PayPal’s PYUSD Stablecoin Cleared With No Charges
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Regulators blink first in crypto showdown—PayPal’s stablecoin escapes SEC wrath unscathed.
After months of scrutiny that had traders sweating, the Securities and Exchange Commission quietly closed its PYUSD investigation without fines or handcuffs. Another ’mission accomplished’ moment for America’s financial cops.
Wall Street’s favorite punching bag (crypto) just dodged another bullet—this time thanks to a payments giant playing by the old rules while building the new ones. Irony tastes better when it’s minted in stablecoins.
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