Singapore Delays Adoption of Global Standard on Bank Crypto Exposure

Published: Oct. 10, 2025 7:31 p.m. GMT+8

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The Monetary Authority of Singapore has delayed the implementation of a new global standard on banks’ exposure to crypto assets to no earlier than Jan. 1, 2027. Photo: AI generated

The Monetary Authority of Singapore (MAS) has delayed the implementation of a new global standard on banks’ exposure to crypto assets by at least one year, citing concerns that strict rules could curb innovation.

The Lion City’s central bank said Thursday the rules will take effect no earlier than Jan. 1, 2027, in response to public feedback. The Basel Committee on Banking Supervision (BCBS), a global standard setter for the prudential regulation of banks, established the rules for implementation by Jan. 1 next year.

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MAS delayed implementing the new global crypto asset standard for banks to at least Jan. 1, 2027, due to innovation concerns and public feedback.
The Basel Committee standard divides crypto assets into two groups, imposing up to a 1,250% risk weight on riskier assets like Bitcoin and most stablecoins.
Industry feedback criticized the rules as excessively conservative, warning they may stifle innovation and misrepresent actual risk.

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Who’s Who

King & Wood Mallesons: King & Wood Mallesons is a law firm. Andrew Fei, a Hong Kong-based partner at the firm, commented on the Monetary Authority of Singapore's (MAS) "wait-and-see" approach to crypto asset regulation. He believes this allows MAS to balance regulation and innovation by observing evolving international standards.

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What Happened When

March 2025：: MAS published a consultation paper seeking feedback on the BCBS standard.

August 2025：: Global Financial Markets Association and other industry bodies criticized the BCBS rules as excessively conservative.

October 10, 2025：: MAS announced that the new global standard on banks’ exposure to crypto assets will be delayed by at least one year, and will take effect no earlier than Jan. 1, 2027.

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