Foresight News reports that according to the SEC website, the Options Clearing Corporation (OCC) has proposed implementing “Specific Wrong-Way Risk” (SWWR) controls for spot cryptocurrency ETP positions held by clearing members or their affiliates acting as custodians. In such cases, the related fund shares and option valuations will be set to zero to reduce credit exposure caused by crypto asset custody risks. Additionally, OCC plans to stop accepting letters of credit and GSE debt securities as eligible collateral.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Stablecoin Yield Controversy Intensifies! FDIC Chair: Stablecoins Not Eligible for Deposit Insurance Protection
FDIC Chair Travis Hill stated that stablecoins are not covered by deposit insurance and pointed out that the GENIUS Act draws a clear line between stablecoins and bank deposits, prohibiting pass-through insurance. Stablecoins require full reserve backing but cannot enjoy FDIC protection, sparking heated market discussions on yields and regulation. Additionally, tokenized deposits are still treated as traditional bank deposits and can enjoy insurance protection.
CryptoCity15m ago
A Certain CEX Denies Blocking Bitcoin Small Transaction Tax-Exemption Policy
A certain CEX executive denied allegations of obstructing a tax-exempt policy for small Bitcoin transactions, stating that the exchange has been lobbying for it. Lawmakers are considering tax exemptions for stablecoins, but Bitcoin has not been included in the relevant legislation.
GateNews19m ago
US Senate Majority Leader: Crypto Market Structure Bill Expected to Advance After April
U.S. Senate Majority Leader John Thune stated that digital asset market structure legislation is not expected to advance before April, as the Senate will prioritize the Save America Act. This timeline differs from the expectations of the Ohio senator. While the Agriculture Committee has advanced the bill, the Banking Committee's proceedings have been delayed, and the White House has not reached any agreement.
GateNews36m ago
The U.S. Senate passes a bill provision banning the issuance of CBDCs, and the ban may continue until the end of 2030.
The U.S. Senate has passed a bipartisan housing bill that prohibits the Federal Reserve from issuing a central bank digital currency (CBDC) through the end of 2030. The bill's prospects in the House remain uncertain, with some lawmakers opposing provisions that restrict institutional investors from holding property. The clause reinforces the position that the private sector should lead innovation in digital assets.
GateNews1h ago
U.S. CFTC Issues First-Ever Predictive Market Manipulation Risk Guidance and Seeks Public Comment on Proposed Rules
The U.S. Commodity Futures Trading Commission has issued guidance on prediction market manipulation risks, requiring exchanges to consult with regulators before launching markets susceptible to manipulation. The guidance indicates that if contracts contradict public interest, they may be blocked, and sports contracts should cooperate with leagues to prevent insider trading.
GateNews1h ago
Ghana SEC Approves 11 Firms for Crypto Sandbox
_Ghana’s SEC admits 11 firms into a 12-month VASP Act 2025 crypto sandbox, setting the stage for full digital asset licensing across West Africa._
Ghana’s Securities and Exchange Commission just moved. Eleven virtual asset service providers got access to a regulatory sandbox on March 10, 2026.
LiveBTCNews6h ago
