SEC Filing Document

SEC Staff Signals 2% Haircut Approach for Certain Payment Stablecoins

February 22, 2026 91

WASHINGTON, February 19, 2026 — Staff of the Division of Trading and Markets at the U.S. Securities and Exchange Commission issued a frequently asked question addressing the treatment of payment stablecoins under the broker-dealer net capital rule, Exchange Act Rule 15c3-1, according to a Feb. 19 statement by Hester M.

U.S. Department of the Treasury building in Washington, D.C.

FinCEN Grants Exceptive Relief on CDD Beneficial Ownership Requirements

February 20, 2026 112

WASHINGTON, February 13, 2026 — The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an Exceptive Relief Order providing relief from certain customer due diligence requirements applicable to covered financial institutions under the 2016 Customer Due Diligence (CDD) Rule.

U.S. Court of Appeals for the Ninth Circuit

CFTC Files Amicus Brief in Ninth Circuit on Exclusive Jurisdiction Over Event Contracts

February 18, 2026 104

WASHINGTON, February 17, 2026 — The U.S. Commodity Futures Trading Commission filed an amicus curiae brief in the U.S. Court of Appeals for the Ninth Circuit explaining that Congress granted the Commission exclusive jurisdiction over commodity derivatives markets under the Commodity Exchange Act, including event contracts commonly referred to as prediction markets, according to a CFTC press release.

FCA consultation document

FCA Consultation on Cryptoasset Market Abuse and Disclosure Framework Closes

February 17, 2026 89

LONDON, February 13, 2026 — The UK Financial Conduct Authority published a consultation setting out proposed rules and guidance for a framework covering cryptoasset admissions, disclosures and a market abuse regime, with responses requested by Feb. 12, 2026, according to Consultation Paper CP25/41.

Regulatory document representing a public policy submission

SEC Corp Fin Outlines Crypto Asset Guidance and Securities Framework Work

February 17, 2026 83

WASHINGTON, February 13, 2026 — The U.S. Securities and Exchange Commission’s Division of Corporation Finance said it is preparing recommendations relating to crypto assets, including interpretive guidance and a possible rule proposal addressing securities treatment, according to a statement published Friday by Division Director James Moloney.