PayPal discloses SEC subpoena tied to stablecoin

PayPal discloses SEC subpoena tied to stablecoin
Payments firm PayPal Holdings said on Thursday it had received a subpoena from the Securities and Exchange Commission (SEC) tied to its U.S. dollar stablecoin.
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https://www.reuters.com/technology/paypal-receives-sec-subpoena-tied-stablecoin-2023-11-02/