Canada’s banking regulator has finalized a narrow change to its crypto capital rules that should reduce capital overstatement for some market-neutral positions without broadly easing how banks must treat digital-asset risk.

The Office of the Superintendent of Financial Institutions’ 2027 guideline, published Sept. 10, treats all regulated exchanges of traditional financial assets as one exchange when banks calculate delta risk for qualifying Group 2a crypto exposures. That allows positions in the same crypto asset on different qualifying regulated exchanges to receive full capital recognition when they also have the same time to maturity.