Singapore Near-Bans Overseas-Only Crypto Services

Singapore Near-Bans Overseas-Only Crypto Services

The Monetary Authority of Singapore (MAS) has confirmed sweeping restrictions under its Digital Token Service Providers (DTSPs) regime, effectively barring most crypto firms from offering services exclusively to overseas clients. The new directive, which takes effect June 30, 2025, marks a significant shift in Singapore’s digital asset regulation, signaling tighter scrutiny of the sector. In its June 6 announcement, MAS clarified that fi...

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