SEC Tells Broker-Dealers Stablecoins Can Count Toward Net Capital
SEC Quietly Approves 2% Haircut for Stablecoins, Unlocking Massive Potential for Wall Street Adoption In a move that could dramatically reshape how traditional finance interacts with digital assets, the U.S. Securities and Exchange Commission has quietly clarified that broker-dealers can apply just a 2% “haircut” to their stablecoin holdings without facing regulatory objections. This seemingly […]
