PayPal receives SEC subpoena relating to its USD stablecoin
PayPal confirmed today that it has received a subpoena from the Securities and Exchange Commission (SEC) regarding its USD stablecoin.
PayPal confirmed today that it has received a subpoena from the Securities and Exchange Commission (SEC) regarding its USD stablecoin.
The Principles for Financial Market Infrastructures (PFMI) apply to systemically important stablecoin arrangements.