Birdwatch Note Rating
2023-08-22 12:32:24 UTC - HELPFUL
Rated by Participant: 92A40D97C4D30F5F9C29ABFED41DD9C21F1B0A6C42601957EB79C3831D5BB6B8
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