Russia wants banks to keep their own crypto risk on a very short leash: no more than 1% of capital

CN
2 hours ago

Russia wants banks to keep their own crypto risk on a very short leash: no more than 1% of capital.

The draft would apply the cap to direct holdings and other crypto-linked exposure, while some client custody stays outside it if the bank does not bear the loss. Those customer positions would still face separate capital treatment.

https://cryptoslate.com/bank-of-russia-proposes-1-crypto-capital-cap-while-carving-out-some-client-custody/


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