Shaping the Rules: MAS Consultation on the Prudential Treatment of Cryptoassets

Name: Shaping the Rules: MAS Consultation on the Prudential Treatment of Cryptoassets
Start: 2026-05-06T06:00:00+00:00
End: 2026-05-06T09:00:00+00:00
Location: 80RR Fintech Hub SG, 80 Robinson Rd, #08-01, Singapore 068898

About this event

Event Overview

The Monetary Authority of Singapore is seeking industry feedback on how financial institutions should treat cryptoassets on permissionless blockchains from a prudential and capital perspective. This consultation marks a shift from a previously conservative stance towards a more risk-sensitive framework that may allow institutional participation under defined conditions. At its core, MAS is addressing a key challenge: how banks can safely gain exposure to or issue cryptoassets on permissionless infrastructure without introducing unacceptable risks in governance, technology resilience, settlement finality, and AML/CFT compliance

What MAS Is Proposing

Principle-Based ClassificationAllow permissionless cryptoassets to qualify for favourable (Group 1) treatment if they meet risk mitigation requirementsInstitutional-Grade SafeguardsRequire strong governance, operational resilience, settlement finality, and AML/CFT controlsExposure & Issuance CapsLimit how much banks can hold or issue, even if assets qualify for better treatmentSupervisory Oversight FrameworkRequire notification, internal validation, and allow MAS to override classifications

What This Forum Will Focus On

Whether Group 1 eligibility is realistically achievable in practiceGaps between regulatory expectations and operational realitiesImpact of exposure caps on institutional use casesPractical challenges across custody, compliance, and infrastructureBalancing financial stability with innovation and competitiveness

Objective of the Session

Gather structured, institution-grade feedback from DAA membersIdentify key friction points and unintended consequencesConsolidate industry views into a formal submission to MAS

Key Questions MAS Is Asking

Should the principle-based approach replace rigid classification rules?Are the proposed safeguards sufficient, excessive, or impractical?How should AML/CFT risks be realistically managed on permissionless systems?Should exposure caps remain long-term, and how should they be calibrated?

Who Should Attend

This session is for professionals operating in the digital assets ecosystem, including:

Financial institutionsAsset managers and trading firmsDigital asset service providersLegal, compliance, and risk professionalsInfrastructure and custody providers

Programme Details2:00PM - Registration2:30PM - Opening Address by DAA Co-Chairman2:40PM - Regulatory Forum4:00PM - Networking and Refreshments4:50PM - End of Programme

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About Shaping the Rules: MAS Consultation on the Prudential Treatment of Cryptoassets in Singapore

Shaping the Rules: MAS Consultation on the Prudential Treatment of Cryptoassets is a free independent taking place on Wednesday, May 6, 2026 at 80RR Fintech Hub SG, 80 Robinson Rd, #08-01, Singapore 068898, Singapore, Singapore. Attendance is free — register to secure your spot. Currently 69 people have registered out of 69 spots. The event runs for approximately 3 hours.