Tag sec

SEC Ends Probe Into PayPal’s Stablecoin PYUSD

SEC Ends Probe Into PayPal’s Stablecoin PYUSD

Key Takeaways The U.S. Securities and Exchange Commission (SEC) has ended its investigation into PayPal’s U.S. dollar-pegged stablecoin, PayPal USD (PYUSD), without taking enforcement action. According to a regulatory filing submitted by PayPal on April 29, the company was informed…

SEC to drop lawsuit against Dragonchain

SEC Drops Lawsuit Against Dragonchain

Key Takeaways The U.S. Securities and Exchange Commission has officially dismissed its lawsuit against blockchain firm Dragonchain two years after accusing it of unregistered offering of crypto asset securities. The SEC and Dragonchain filed a joint stipulation on April 24…

Thailand to restrict foreign crypto P2P services

Thailand to restrict foreign crypto P2P services

Key Takeaways Thailand has approved amendments to two emergency decrees to address the rising use of digital assets in cybercrime. The Cabinet resolution, passed on April 8, strengthens the country’s legal framework around digital asset businesses and cybercrime prevention. The…

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