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Home » PayPal Receives SEC Subpoena Over U.S. Dollar-Pegged Stablecoin

PayPal Receives SEC Subpoena Over U.S. Dollar-Pegged Stablecoin

    PayPal says in a regulatory filing that it received a subpoena from the Securities and Exchange Commission related to its dollar-pegged cryptocurrency. The payments company said the subpoena from the SEC’s Division of Enforcement is related to its PayPal USD stablecoin and asks it to produce documents.

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