“On November 1, 2023, we received a subpoena from the U.S. SEC Division of Enforcement relating to PayPal USD stablecoin,” PayPal revealed in its quarterly earnings report filed Wednesday. “The subpoena requests the production of documents. We are cooperating with the SEC in connection with this request.”
PYPL Says It Received U.S. SEC Subpoena About Its U.S. Dollar-Pegged Stablecoin
