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Bank of Russia Sets a 25% Red Line

Bank of Russia Sets a 25% Red Line


19h05 ▪
4
min read ▪ by
Lydie M.

Summarize this article with:

The Bank of Russia wants to limit the role of crypto in market professionals’ accounts. Its new draft regulation sets a 25% threshold for digital assets considered in the calculation of their equity. Brokers, managers, forex dealers, and crypto exchange platforms are concerned. Moscow thus allows crypto more, without giving it too much space in intermediaries’ balance sheets.

A surprised broker faces a barrier marked “25%,” symbolizing the restrictions imposed by the Bank of Russia on the crypto market.A surprised broker faces a barrier marked “25%,” symbolizing the restrictions imposed by the Bank of Russia on the crypto market.

In Brief

  • Cryptos will not be able to represent more than 25% of the assets…

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