According to the information provided by the regulator, new requirements are necessary to minimize risks for banks and their customers from operations with digital assets. The Central Bank plans to introduce similar requirements to loans to cryptocurrency organizations.
The Bank of Russia noted that he informed the market about plans to establish regulatory requirements for calculating capital both by direct and indirect investment in digital assets, and on financial instruments for them.
In addition, the Central Bank advised banks at this stage in a conservative mode to evaluate risks on cryptocurrency operations, as well as provide a full coverage of these tools by regulatory capital.
Earlier, the Bank of Russia in the Risk Revision of Financial Markets has published a trading statistics on the Future Fund Foundation (ETF) ISHHARES BITCOIN TRUST (IBIT) from BlackROCK on Mosbirzh.
Source: Bits
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