SEC Eases Rules, Allows Stablecoins in Capital With 2% Haircut

SEC updates broker-dealer FAQ, permitting eligible stablecoins in capital calculations with 2% haircut, boosting institutional adoption and settlement efficiency. The U.S. Securities and Exchange Commission has updated its Broker-Dealer Financial Responsibility FAQ this week. The revision enables broker-dealers to include eligible stablecoins in their regulatory calculation of capital. Consequently, the haircuts firms can now take … Continue reading SEC Eases Rules, Allows Stablecoins in Capital With 2% Haircut