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SEC Kills Investigation into PayPal's PYUSD

The SEC is continuing to abandon its investigations into a host of companies involved with the crypto industry.
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Apr 30, 2025 • 1 min read

The SEC has ended its investigation into PayPal’s PYUSD stablecoin as lawmakers push for comprehensive stablecoin regulation.

What’s the Scoop?

  • Probe Closed: The SEC officially ended its investigation into PYUSD with no enforcement action, marking a regulatory win for PayPal.
  • Investigation Details: The probe began in November 2023, focusing on internal documents relating to PYUSD but resulted in no findings of wrongdoing.
  • Broader Context: The dropped investigation comes amidst bipartisan efforts to regulate stablecoins, with the STABLE and GENIUS Acts advancing in Congress.

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