SEC Issues 2% Stablecoin Capital Guidance, Softening Regulatory Pressure

The US Securities and Exchange Commission issued new guidance on Feb. 19 through its Division of Trading and Markets. The update explains how broker-dealers can treat payment stablecoins under Exchange Act Rule 15c3-1, known as the net capital rule. The staff said it would not object if broker-dealers apply a 2% haircut to proprietary positions […] Read The Full Article SEC Issues 2% Stablecoin Capital Guidance, Softening Regulatory Pressure On Coin Edition.