SEC ударила PayPal повесткой в суд из-за стейблкоина
- PayPal запустил свой стейблкоин PYUSD в августе.
- SEC обвинила несколько криптофирм в нарушении законов США о ценных бумагах.
Компания платежных услуг PayPal имеет подтвержденный that it received a subpoena from the US Securities and Exchange Commission (SEC) over its PayPal USD (PYUSD) stablecoin. The company wrote in its quarterly report that “on November 1, 2023, we received a subpoena from the U.S. SEC Division of Enforcement relating to PayPal USD stablecoin. The subpoena requests the production of document.”
PayPal noted that it is complying with the SEC’s demands. Subpoenas are legally binding orders for testimony, documents, or other forms of proof that federal agencies can issue during an investigation into any violations of US laws.
Thursday’s news comes months after PayPal announced the launch of its PYUSD stablecoin. PayPal USD is an Ethereum-based stablecoin that is backed by the US dollar, dollar deposits, and other cash equivalents and is issued by Paxos.
Рынок стейблкоинов в настоящее время конкурентоспособен, но Паксос утверждает, что PYUSD добился впечатляющего распространения, достигнув рыночной капитализации в $150 миллионов через несколько месяцев после запуска. PYUSD был зарегистрирован на некоторых наиболее известных криптовалютных биржах, таких как Kraken, Coinbase, Bitstamp и Crypto.com, что послужило толчком для нового стейблкоина.
PayPal также предпринял шаги по расширению использования PYUSD. Платежная компания объявила о планах интегрировать PYUSD с сервисом мобильных платежей Venmo. В этом году PayPal добилась огромного прогресса в реализации своих амбиций Web3. Поставщик финансовых услуг недавно вышел на рынок Великобритания crypto market after receiving a license from the UK’s Financial Conduct Authority.
The SEC’s subpoena to PayPal is a possible indication of the hostile regulatory environment crypto companies face in the US. Several crypto leaders have urged new start-ups to move abroad in search of more-friendly rules. The SEC has sued several leading crypto figures and platforms, such as Coinbase, Binance, and Binance’s CEO, Changpeng Zhao. The SEC accused some of these companies of violating US securities laws.
However, the federal agency has suffered a series of disappointments in its enforcement actions against crypto firms. The regulator was forced to dismiss its suit against two Ripple executives and also suffered a humiliating defeat to Grayscale. Many believe the SEC’s loss to Grayscale could pave the way for the approval of a spot Bitcoin ETF.