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SEC Closes PayPal Stablecoin Probe Without Enforcement Action
SEC Closes PayPal Stablecoin Probe Without Enforcement Action
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The U.S. Securities and Exchange Commission has formally concluded its investigation into PayPal’s PYUSD stablecoin, opting against any enforcement measures. The probe, initiated in November 2023 following a document subpoena, saw full cooperation from the payments giant before being quietly shuttered in February 2025.
Disclosure came via PayPal’s quarterly earnings report—a muted finale to regulatory scrutiny that had loomed over one of fintech’s most watched crypto experiments. The outcome reinforces growing acceptance of compliant stablecoin models among traditional finance players.
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