Central Bank of Russia proposes new risk measurement standards for bank crypto assets

The Central Bank of Russia released a draft on September 18 proposing new ratios, N31 and N32, to measure bank exposure to crypto assets. The scope includes direct investments, derivatives, and loans linked to crypto prices. Assets held in custody where the bank bears the loss will be included, while those where the bank does not bear the loss will carry a 50% risk weight. Proprietary holdings and bank-guaranteed client positions will face a 1250% risk weight. The rules are expected to take effect in early 2027.