2023-8-10 15:25 |
Democratic congresswoman Maxine Waters has expressed her concerns over PayPal’s launch of its dollar-pegged stablecoin, PYUSD. In a written statement on Aug. 9, Waters urged for comprehensible regulation.
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According to a recent report by Bloomberg, Maxine Waters, the top Democrat on the House Financial Services Committee, expressed deep concern over PayPal Holdings Inc. ’s stablecoin launch without a comprehensive regulatory framework.
2023-8-10 08:00 | |
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Democratic U. S. Congresswoman and House Financial Services Committee Ranking Member Maxine Waters criticized PayPal’s stablecoin on Aug. 9. Waters said in a statement: “I am deeply concerned that PayPal has chosen to launch its own stablecoin while there is still no Federal framework for regulation, oversight, and enforcement of these assets.
2023-8-10 04:00 | |
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The top Democrat on the House Financial Service Committee criticized PayPal’s plans in a statement on Wednesday.
2023-8-9 19:52 | |
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