The Securities and Exchange Commission (SEC) has officially decided to discontinue its investigation into PayPal’s cryptocurrency, known as PYUSD, raising significant questions and implications for the broader cryptocurrency market. This development may suggest a shift in regulatory posture towards digital currencies and could pave the way for increased adoption and innovation within the crypto space. Understanding the ramifications of this decision could be crucial for investors, developers, and stakeholders in the ever-evolving landscape of cryptocurrencies.
source: https://voiceofcrypto.online/ampstories/web-stories/sec-drops-probe-into-paypals-pyusdwhat-it-means-for-crypto