SEC Clarifies 2% Haircut Treatment for Stablecoins
SEC staff said broker-dealers can apply a 2% haircut to stablecoin holdings when calculating net capital. The clarification reduces regulatory uncertainty around stablecoin balance sheet treatment.
SEC staff said broker-dealers can apply a 2% haircut to stablecoin holdings when calculating net capital. The clarification reduces regulatory uncertainty around stablecoin balance sheet treatment.
US market regulators are coordinating on a joint crypto initiative as Congress advances digital asset legislation. The move signals a shift toward unified federal oversight.
Asset manager F/m Investments is seeking SEC approval to record ownership of its $6 billion Treasury ETF on a permissioned blockchain while retaining its regulated structure.
A year after Gary Gensler’s resignation, the SEC has significantly altered its approach to cryptocurrency, dropping key enforcement actions and restructuring leadership.
Bitwise CIO Matt Hougan criticized restrictions on Bitcoin in 401(k) plans as US Senator Elizabeth Warren pressed the SEC on retirement risk oversight.
The US Senate Agriculture Committee delayed markup of a major crypto market structure bill, citing the need for additional bipartisan support.
The SEC has postponed rulings on two crypto ETFs while opening a public comment period for options tied to a Grayscale multi-asset crypto fund.
The SEC is seeking multi-year officer and director bans against former Alameda Research CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh.
Bitwise has filed with the SEC to launch an ETF tracking SUI, joining a growing group of asset managers seeking regulated exposure to newer layer 1 tokens.
BlackRock has submitted an SEC filing for a staked Ethereum ETF, signaling a shift in regulatory attitudes toward staking products under new agency leadership.
CoinShares has withdrawn its planned Solana, XRP, and Litecoin ETFs, signaling a strategic pause as regulatory expectations evolve and competition intensifies in the US crypto ETF market.
Grayscale Investments has filed a registration statement with the SEC to convert its Grayscale Zcash Trust (ZEC) into an exchange-traded fund (ETF).