The US Securities and Exchange Commission (SEC) staff last week clarified that broker-dealers can apply a 2% “haircut” to their stablecoin holdings …
Copyright © Sovereign Wealth Signals
Tag:
BrokerDealers
-
-
Regulation
SEC Now Allows Broker-Dealers to Count Stablecoins Toward Regulatory Capital
by shayaanby shayaanThe U.S. Securities and Exchange Commission has made a subtle yet potentially far-reaching change regarding how broker-dealers handle stablecoins on their balance …