• Cary
• August 10, 2023
• News, Cryptonews
• Congresswoman, Launch, PayPal, Regulatory
• 0 Comments

Congresswoman Maxine Waters voices concerns over PayPal’s PYUSD stablecoin launch without federal regulatory approval, highlighting the need for oversight and stablecoin regulation. Key Points Democratic Congresswoman Maxine Waters (D-CA) has voiced her criticism of PayPal’s recent launch of its dollar-backed stablecoin, PYUSD. While acknowledging the groundbreaking move by the global payment firm, Waters expressed concerns regarding the lack of federal …