According to Reuters news PayPal own stablecoin PYUSD received a subpoena from the SEC regarding
Accordingly, PayPal said in a statement today that it has received a subpoena from the US Securities and Exchange Commission (SEC) regarding its stablecoin PYUSD.
As you may remember, PayPal launched its own stablecoin in August.
At this point, PayPal had become the first major financial technology company to adopt digital currencies for payments and transfers.
Related Content: Breaking News: PayPal Launches a Stablecoin for Payments and Transfers
Source: Bitcoinsistemi.com