![Singapore-Banks-Exposure-to-Bitcoin-Insignificant-but-Subject-to-Highest.jpg Singapore Banks' Exposure to Bitcoin 'Insignificant' but Subject to Highest Risk Weight](https://cryptotoptrends.com/wp-content/uploads/2022/11/Singapore-Banks-Exposure-to-Bitcoin-Insignificant-but-Subject-to-Highest-678x381.jpg)
“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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