Singapore delays update to crypto rules for banks until 2027. The rollout was delayed due to crypto industry concerns raised in a consultation on the changes. Respondents warned that the proposed risk classifications could unfairly penalize assets built on permissionless blockchains, potentially stifling innovation.

Singapore delays update to crypto rules for banks until 2027. The rollout was delayed due to crypto industry concerns raised in a consultation on the changes. Respondents warned that the proposed risk classifications could unfairly penalize assets built on permissionless blockchains, potentially stifling innovation.
decrypt.co
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