The U.S. regulator has ended its investigation into PayPal’s stablecoin, as Congress advances efforts to regulate the sector.

Fintech giant PayPal Holdings Inc. (NASDAQ:PYPL) said Tuesday it was committed to boosting cryptocurrency adoption, with a ...

PayPal has revealed that the SEC has closed the nearly two-year investigation into PYUSD without fines, penalties, or further ...

PayPal Holdings Inc. said the US Securities and Exchange Commission has closed its inquiry into the company’s stablecoin without an enforcement action, according to the company’s latest quarterly ...

PayPal plans to offer 3.7% annual yield on its PYUSD holdings to its U.S. customers in a bid to spur wider adoption and ...

Launched in 2023, PYUSD is issued by Paxos Trust and backed by reserves like U.S. Treasuries. Despite PayPal’s brand ...

PayPal Holdings Inc. plans to offer rewards to its users on their holdings of its stablecoin, in a bid to encourage more ...

The move comes two days after Circle, a stablecoin partner of Coinbase, debuted a payment network challenging PayPal’s ...

The partnership is another sign of stablecoin issuers jockeying for market share as regulation in the U.S. is advancing.

Coinbase, the largest publicly traded cryptocurrency exchange, is waiving fees on transactions connected to PayPal's ...

PayPal says the US Securities and Exchange Commission has abandoned its investigation into the payment giant’s US-dollar ...

The SEC has officially closed its investigation into PayPal's stablecoin PYUSD, opting not to pursue enforcement action.