Gate News message, April 22 — Singapore’s Monetary Authority (MAS) has released a consultation paper to establish more favorable regulatory capital guidance for crypto assets on permissionless blockchains (public blockchains) ahead of implementing the Basel new crypto asset capital rules.
Under the Basel framework, crypto assets are divided into two groups: Group 1 includes tokenized traditional assets and stablecoins with lower capital requirements, while Group 2 covers other crypto assets with higher requirements. Rather than automatically classifying all public blockchain crypto assets as Group 2, Singapore’s MAS proposes allowing such assets to be reclassified as Group 1 assets with lower risk weights and more lenient prudential requirements, provided they meet certain principle-based conditions. This approach aims to achieve regulatory technology neutrality.
Specifically, Singapore-registered banks’ exposure to Group 1 public blockchain crypto assets must not exceed 2% of Tier 1 capital, and any related issuances that create liabilities on the bank’s balance sheet must not exceed 5% of Tier 1 capital.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Indonesia's Central Bank Holds Key Rate at 4.75%, Pledges Further FX Intervention
Gate News message, April 22 — Indonesia's central bank maintained its benchmark interest rate at 4.75% on April 22, marking the seventh consecutive meeting without a change and aligning with market expectations.
Central Bank Governor Perry Warjiyo stated that the bank has intensified foreign
GateNews15m ago
Fed Chair Nominee Kevin Warsh Backs Crypto Integration, Opposes CBDC
Abstract: Trump's Fed chair nominee Kevin Warsh argues digital assets are already part of U.S. finance, rejects a central bank digital currency, and favors market-led crypto innovation. He disclosed more than $100 million in crypto holdings, inviting questions about independence.
Summary: Warsh, Trump's Fed nominee, says digital assets are integral to U.S. finance, rejects a CBDC, and favors market-driven crypto innovation; he disclosed more than $100 million in crypto holdings, raising independence concerns.
GateNews2h ago
Trump’s nominee for Fed chair: won’t be a White House puppet—crypto assets will become the new financial normal
Warsh emphasized the Federal Reserve’s independence at the hearing, denied being a White House puppet, and did not commit to rate cuts; if he takes office or adopts a more accommodative policy, it would be positive for risk assets such as Bitcoin. U.S. stocks fell amid the hearing and geopolitical risks, with the three major indexes down by about 0.6%. Changes in Middle East talks also intensified market risk sentiment.
ChainNewsAbmedia3h ago
Trump Nominates Christopher Fehren as White House Economic Advisers Chair
Gate News message, April 22 — President Trump nominated Christopher Fehren as chair of the White House Council of Economic Advisers on April 21, filling the vacancy left by former chair Stephen Miran after his appointment as a member of the Federal Reserve Board in 2025. The nomination has been
GateNews5h ago
The Iran-U.S. talks did not take place as expected, stocks in the U.S. fell, and Bitcoin traded in a range.
U.S.-Iran talks did not go as expected, and the stock market fell; Vance postponed his visit to Pakistan, and the Strait of Hormuz blockade will continue. U.S. March retail sales rose 1.7%, beating expectations. Waller was nominated as the next Chair of the Federal Reserve, emphasizing independence; market expectations are broadly neutral. Bitcoin is still consolidating in the 74k–77k range, spot ETFs have recorded net inflows for five straight days, and ETH ETFs have also seen net inflows day after day. Sentiment is stabilizing, and the volatility spread indicates that risk appetite is declining.
ChainNewsAbmedia8h ago
CME FedWatch: Federal Reserve to Hold Rates Steady in April, June Rate Cut Odds at Just 1.7%
CME FedWatch shows a 100% probability of no rate change in April, with zero chance of a 25 bp hike; by June a 1.7% chance of a 25 bp cut and a 98.3% likelihood rates stay flat.
GateNews10h ago
