“Pending the finalisation of the framework, MAS requires Singapore-incorporated banks to apply a 1250% risk weight for exposures to riskier cryptoassets such as Bitcoin and Ether,” he said. “… Based on MAS’ minimum total capital adequacy requirement of 10% for systemically important banks incorporated in Singapore, this means that Singapore-incorporated banks are required to hold $125 of capital against an exposure of $100 to a cryptoasset like Bitcoin.”

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• Source: https://www.coindesk.com/policy/2022/11/28/singapore-banks-exposure-to-bitcoin-insignificant-but-subject-to-highest-risk-weight/?utm_medium=referral&utm_source=rss&utm_campaign=headlines