SEC Closes PayPal Stablecoin Probe with No Action The Securities and Exchange Commission (SEC) recently announced the closure of its investigation into PayPal’s stablecoin, PYUSD, with no further action to be taken. This decision comes in the wake of PYUSD experiencing a significant 75% rise in supply throughout the course of this year. The surge […]
PayPal Enhances Business Crypto Transactions
In a significant move that bridges traditional finance and the cryptocurrency landscape, PayPal has expanded its cryptocurrency offerings to include business accounts. This new service allows businesses to send and receive digital tokens on blockchain networks, a development that reflects the growing demand for cryptocurrency integration in commercial transactions. As of now, this service excludes […]