10 Oct
10Oct

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:

  • Preventing Regulatory Arbitrage: The MAS stated that adopting the stringent rules too early would encourage businesses to shift operations to jurisdictions with less stringent requirements, undermining the goal of stable regulation.
  • Ensuring Fair Competition: The postponement is intended to align Singapore’s timeline with global standards, ensuring fair competition and reducing compliance burdens for banks that handle crypto assets such as Bitcoin (BTC) and Ethereum (ETH).

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

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