Singapore's banks are required to hold $125 of capital against an exposure of $100 to risky cryptocurrencies like Bitcoin or Ether, an official said Monday. Although the jurisdiction's banks have "insignificant" levels of exposure to crypto – contributing shorter than 0.05% of total risk-weighted assets – these types of crypto assets are subject to the toughest risk management requirements set by international standard-setters, said Senior Minister and Minister in charge of the Monetary Authority of Singapore Tharman Shanmugaratnam in a written response to a question posed during a parliamentary session. (Coindesk)