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      Russia's Central Bank Proposes Capping Banks' Crypto Exposure at 1% of Own Capital

      PANews, September 21 – According to CryptoSlate, Russia's central bank has proposed a draft rule requiring commercial banks to limit their exposure to crypto assets and related instruments held on their own books to within 1% of their own capital. The draft covers exposure tied to crypto or foreign digital instruments, including direct holdings, derivatives, loans, and bonds. The rules remain at the draft stage, with formal publication planned for Q4 2026 and effectiveness 10 days after publication; banks are expected to begin reporting relevant data from January 2027.


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud