Coinatory

SEC Ends PayPal Stablecoin Probe With No Action Taken With no enforcement measures taken, the U.S. Securities and Exchange Commission has formally concluded its investigation of PayPal Holdings Inc.'s U.S. dollar-pegged stablecoin, PYUSD. This decision eliminates a significant regulatory burden for the payments behemoth. PayPal said in a regulatory filing dated April 29 that the SEC informed the company in February that the investigation into its stablecoin activities was concluded. In Nove... SEC Ends PayPal Stablecoin Probe With No Action Taken

ENS Labs Partners with PayPal and Venmo for Secure Crypto Transfers ENS Labs, the developer of the Ethereum Name Service (ENS) protocol, has announced a strategic partnership with PayPal and Venmo to enhance cryptocurrency transfers. This collaboration allows users to leverage ENS names for transactions, simplifying the process of sending digital assets and mitigating the risks associated with traditional wallet addresses. The integration enables PayPal and Venmo users in the U.S. to input ENS names when tran... Coinatory news