Russia Caps Bank Crypto Risk at 1% of Capital
Russia is moving to cap bank crypto exposure at 1% of capital under new prudential rules, with the draft framework now revealing a harsh 1,250% risk weight for these assets and a ban on using them as collateral. The central bank also plans to launch detailed reporting requirements for these positions starting in January 2027.
According to cryptonews.net, the draft framework imposes a severe 1,250% risk weight on aggregate crypto exposure and prohibits using digital assets as collateral for loss provisions. Additionally, the central bank has established specific reporting obligations for turnover and compliance ratios, which are scheduled to begin in January 2027.
Source: cryptonews.netRussian banks must limit crypto exposure to 1% of capital under new rules effective September 1.
Source: CryptoRank
