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Cryptocurrency News Articles
US SEC Ends Investigation into PayPal's PYUSD Stablecoin
Apr 30, 2025 at 04:31 pm
The U.S. Securities and Exchange Commission has ended another high-profile investigation into a crypto-related firm after dropping inquiries into PayPal’s (NASDAQ:PYPL) PYUSD stablecoin.
Financial technology titan, PayPal, confirmed this development in its Q1 financial report, released on Tuesday, April 29. The SEC had launched an investigation into the prominent payment firm’s stablecoin, PYUSD.
The SEC launched an investigation into PayPal’s PYUSD in November 2023, three months after its launch.
The prominent payment firm disclosed that the SEC served it with a subpoena, requesting documents related to the stablecoin.
However, its recent regulatory filing disclosed that the SEC confirmed in February that it was closing the over one-year investigation without any enforcement action.
The recent development adds to the growing list of crypto firms the commission has let off since Donald Trump resumed office.
The SEC has officially ended its litigation and investigation against Coinbase (NASDAQ:COIN), Kraken, and Consensys, while the regulator has also agreed to drop charges against, among others,
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- May 01, 2026 at 11:27 pm
- Miami buzzes as Consensus 2026 approaches on May 5th, highlighting Web3, blockchain, crypto, NFTs, and the metaverse's shift from hype to institutional and sustainable reality.
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- Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
- Apr 30, 2026 at 10:38 pm
- The Bitcoin mining industry is undergoing a significant transformation, with major players aggressively expanding operations and strategically acquiring energy assets like Ohio gas plants to solidify their future in the digital economy.
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- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- Apr 30, 2026 at 09:08 pm
- Solana is struggling to break key resistance, signaling potential downside. Repeated rejections at $86-$88, coupled with a broken short-term pattern, point to targets as low as $67, or even $40, as sellers maintain control. Investors should watch critical support levels closely.
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- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
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- OKX Unveils Agent Payments Protocol: Ushering in a New Era of AI Transactions
- Apr 30, 2026 at 02:53 pm
- OKX launches its Agent Payments Protocol (APP), an open standard for AI-driven commerce, enabling agents to manage full business cycles. Explore the implications for AI transactions and agentic payments.
