Fidelity Investments has urged the SEC to clarify rules for broker-dealers in the crypto space. Meanwhile, Resolv Labs' USR stablecoin has depegged following an attack.
Fidelity Investments submitted a letter to the SEC's Crypto Task Force, advocating for the development of a regulatory framework that allows broker-dealers to offer, custody, and trade crypto assets on alternative trading systems. In a separate incident, Resolv Labs' stablecoin USR depegged after an attacker minted 80 million unbacked tokens. Additionally, a Nevada judge has blocked Kalshi from offering certain contracts in the state for 14 days.