SEC allows broker-dealers to take 2% ‘haircut’ on stablecoins
In recent developments, staff said the US regulator would “not object” to broker-dealers counting stablecoin holdings toward their net capital requirements. Looking closer, market participants highlight key drivers such as…
SEC Pushes Regulatory Progress With Broker-Dealer Crypto Custody Clarity
In recent developments, the SEC outlined how broker-dealers can legally custody crypto asset securities under existing customer protection rules, offering long-awaited clarity on possession, control, and risk management while signaling…
