🚀 SEC Adjusts Stablecoin Regulations to Enhance Broker-Dealer Liquidity
#SEC #Stablecoin #Regulations #BrokerDealer #Liquidity #CapitalEfficiency #PaymentStablecoins #NetCapital #Haircut
The U.S. Securities and Exchange Commission (SEC) has revised its regulations concerning qualified payment stablecoins held by broker-dealers. According to NS3.AI, the SEC has reduced the haircut from 100% to 2%, allowing 98% of the stablecoins' value to be included in net capital calculations. This regulatory adjustment aligns stablecoins with money market funds that have similar asset backing. The change is anticipated to enhance liquidity and capital efficiency for broker-dealers managing stablecoins.#SEC #Stablecoin #Regulations #BrokerDealer #Liquidity #CapitalEfficiency #PaymentStablecoins #NetCapital #Haircut
🚀 Brokerage Firms Apply Full Discount to Stablecoins, Limiting Institutional Participation
#BrokerageFirms #Discount #Stablecoins #InstitutionalParticipation #NetCapital #ChainCatcher #StablecoinActivities
Brokerage firms are generally applying a 100% discount to stablecoins, which means that related holdings cannot be included in net capital. According to ChainCatcher, this significantly restricts institutional enthusiasm for engaging in stablecoin activities.#BrokerageFirms #Discount #Stablecoins #InstitutionalParticipation #NetCapital #ChainCatcher #StablecoinActivities