“Pending the finalisation of the framework, MAS requires Singapore-incorporated banks to use a 1250% danger weight for exposures to riskier cryptoassets corresponding to Bitcoin and Ether,” he stated. “… Primarily based on MAS’ minimal whole capital adequacy requirement of 10% for systemically essential banks included in Singapore, which means Singapore-incorporated banks are required to carry $125 of capital towards an publicity of $100 to a cryptoasset like Bitcoin.”
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