Birdwatch Note Rating
2023-08-22 20:25:28 UTC - NOT_HELPFUL
Rated by Participant: 6007773E5B0D2411A294A53CC69C8D3201CDB2A1AF6F8CF3190769D2BF9CC75F
Participant Details
Original Note:
BCBS will limit the total amount of Group 2 crypto-assets (e.g BTC) a bank can hold to generally below 1% of Tier 1 capital. Above this limit Group 2b capital treatment will apply to the surplus. Above 2% the entire exposure is subject to Group 2b capital treatment. https://www.bankingsupervision.europa.eu/press/publications/newsletter/2023/html/ssm.nl230215_1.en.html
All Note Details