According to Caixin, the Monetary Authority of Singapore (MAS) released a consultation document on April 17, 2026, proposing to establish more friendly regulatory capital guidelines for crypto assets on permissionless blockchains (public chains) before implementing the new Basel crypto asset capital rules. The current Basel regulations are considered to be strict in classifying public chain assets, which could hinder innovation in the banking industry. MAS plans to abandon a one-size-fits-all classification approach, allowing crypto assets on public chains that meet a series of principled requirements to be classified as Group 1 crypto assets with lower risk weights and more relaxed prudential requirements, thereby achieving regulatory technological neutrality.