Singapore Delays Basel Crypto Rules for Banks to 2027

Singapore’s central bank has pushed back the rollout of Basel-style capital rules for banks’ crypto exposures by at least a year, citing the need for global coordination. The Monetary Authority of Singapore (MAS) confirmed the move in its official consultation response released on October 9, shifting implementation from January 1, 2026, to January 1, 2027—or later. Regulatory Delay and Implications The decision follows industry feedback warning that early adoption could trigger regulatory arbitrage if Singapore moved ahead of other jurisdictions. “MAS will defer the implementation of the prudential treatment and disclosures of cryptoasset exposures to 1 January 2027 or later and will provide updates on the final cryptoasset standards and implementation date in due course,” the regulator said source: https://beincrypto.com/singapore-delays-basel-crypto-rules/