The Monetary Authority of Singapore (MAS) has officially postponed the implementation of its new bank capital rules for crypto assets until January 1, 2027, or later.
Originally based on international Basel standards, the rules were delayed following extensive feedback from 13 market participants, including major firms like Circle and Coinbase.
Key reasons for the delay:
The MAS is using the delay to ensure its framework is globally aligned, preventing a capital exodus and ensuring stable, competitive regulation. Despite the significance of the move, the announcement has resulted in limited immediate public comment from key stakeholders and has not triggered any major market movement.
October 2025, Cryptoniteuae