In the Spotlight
SEC Tells Broker-Dealers Stablecoins Can Count Toward Net Capital
The US Securities and Exchange Commission (SEC) staff last week clarified that broker-dealers can apply a 2% “haircut” to their stablecoin holdings without objection from the SEC. Previously, broker-dealers were uncertain whether to apply a [...]
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Bitcoin mining firm Bitdeer has sold all of its corporate Bitcoin holdings, reducing its treasury balance to zero, according to the company’s latest operational update. In its latest weekly report, Bitdeer disclosed that its “pure [...]
