Banking group asks for more time to comment on US stablecoin bill

In recent developments, the letter to four US government agencies said banks needed 60 more days for comment after OCC stablecoin rulemaking had been finalized. Looking closer, market participants highlight…

SEC seeks comment on crypto handling in OTC broker-dealer rule

In recent developments, the SEC has proposed narrowing Rule 15c2-11 to equity securities only, and is now seeking comment on whether it should apply to certain crypto assets, among other…