# SEC Kills Investigation into PayPal's PYUSD *Author: Bankless* *Published: Apr 30, 2025* *Source: https://www.bankless.com/de/read/sec-kills-investigation-into-paypals-pyusd* --- The SEC has ended its investigation into PayPal’s PYUSD stablecoin as lawmakers push for comprehensive stablecoin regulation. ## **What’s the Scoop?** - **Probe Closed**: The SEC officially ended its investigation into PYUSD with no enforcement action, marking a regulatory win for PayPal. - **Investigation Details**: The probe began in November 2023, focusing on internal documents relating to PYUSD but resulted in no findings of wrongdoing. - **Broader Context**: The dropped investigation comes amidst bipartisan efforts to regulate stablecoins, with the STABLE and GENIUS Acts advancing in Congress. --- *This article is brought to you by [Bitget](https://www.bankless.com/de/sponsor/bitget-1769543635?ref=read/sec-kills-investigation-into-paypals-pyusd)*