MAS consultation on prudential treatment of cryptoassets on permissionless blockchains.
April 2026 consultation paper closed for industry comment. Singapore DPT-authorised players should plan for further capital-treatment clarification through H2 2026. Marketing teams should keep positioning at the brand and product-feature level until the prudential framework lands; investment-yield framing remains restricted under the January 2023 retail-investor protection rules. Window: MiCA CASP authorisation and FINTRAC MSB registration both add 4 to 12 weeks; campaign planning runs against the longer of the two.