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Singapore Delays Update to Crypto Rules for Banks Until 2027
Yahoo Finance·2025-10-10 23:24

The Monetary Authority of Singapore has deferred new crypto prudential standards by a year, with the rollout now set to go into force at the start of 2027. The move followed industry concerns over timing and treatment of blockchain assets. The Monetary Authority of Singapore (MAS) said Thursday it would delay the rollout of new rules governing how banks treat cryptoassets until 2027, pushing back its original target of January 1, 2026 following responses to a consultation on the changes. “We will contin ...