CFTC’s Crypto Move: National Trust Banks Get Their Moment
This update explicitly authorizes futures commission merchants (FCMs) to accept stablecoins issued by national trust banks as margin. Because nothing says “financial inclusivity” like a government agency finally realizing they accidentally excluded a whole class of institutions.


![Charm-quark fragmentation functions into charmonium states-specifically [latex]D(c \to h_c)[/latex], [latex]D(c \to \chi_{c0})[/latex], [latex]D(c \to \chi_{c1})[/latex], and [latex]D(c \to \chi_{c2})[/latex]-are shown to be significantly influenced by relativistic corrections of order [latex]\mathcal{O}(v^2)[/latex], with variations tied to an average value of [latex]\langle v^2 \rangle_{c\bar{c}} = 0.23 \pm 0.05[/latex] within the charmonium system, calculated assuming a charm-quark mass of 1.5 GeV and a normalization factor of [latex]C = 10^{-2}\alpha_s^2 \langle \mathcal{O} \rangle[/latex].](https://arxiv.org/html/2602.05615v1/x5.png)


