Russia Caps Bank Crypto Exposure at 1% Under N31 and N32
The draft separates a bank’s own crypto risk from client custody, but assigns steep capital treatment when the bank bears seizure or restriction losses.
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The draft separates a bank’s own crypto risk from client custody, but assigns steep capital treatment when the bank bears seizure or restriction losses.
This is permission to operate an existing market-neutral crypto book more cheaply, not a capital loosening: risk weights stay at 100%, the 5% Net Tier 1 cap holds, and Group 2b treatment remains…
The capital treatment the Basel Committee built for unbacked crypto effectively forbids US banks from holding it — a fresh framework that doesn't would re-open balance-sheet custody, lending, and…