Payment stablecoins gain leeway with 2% haircut in SEC FAQ

SEC staff FAQ lets broker-dealers apply a 2% haircut to payment stablecoins for Rule 15c3-1 net capital, easing capital ratios…

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Hand's Pick

Bitcoin ETFs log $105M outflows as Hong Kong buyer steps in

Flow data shows Bitcoin ETF outflows of $105M, led by IBIT, while a Hong Kong buyer added U.S. ETF exposure;…

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Dragonfly Capital closes $650M Fund IV amid VC shakeout

Dragonfly Capital $650M Fund IV, crypto infrastructure, tokenized real-world assets (RWAs) marks a shift from apps to rails amid VC…

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