The Central Bank of Russia is looking to cap the investment risks for banks in crypto assets at 1% of a single banking group's capital. This limit applies only to the banks' own crypto positions, excluding the crypto assets that clients invest in or hold through the banks. For client crypto assets, the Central Bank of Russia plans to separately account for operational risks, mainly covering risks like hacking attacks and information security incidents, and intends to apply a 50% risk weight to client positions. The Central Bank stated that these requirements mainly consider the extreme volatility of crypto assets and the risk of assets being locked. (Bits Media)