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.