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PayPal Hit With SEC Subpoena Over Its Dollar Stablecoin

By Dorothy Atkins ( November 2, 2023, 6:00 PM EDT) -- Leading online payments firm PayPal revealed in its quarterly report Thursday that it has received a U.S. Securities and Exchange Commission enforcement subpoena related to its recently launched stablecoin and a Consumer Financial Protection Bureau investigative demand looking into its dispute handling obligations for customer accounts....

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