MAS: Unlicensed encryption service providers must stop providing services to overseas customers by the end of this month "

Crypto 7x24

2025-06-02 16:17:28

1.54W

On June 2, the Monetary Authority of Singapore (MAS) issued a final policy document on May 30, 2025. It stipulates that all crypto service providers registered or operating in Singapore must stop providing crypto services to overseas customers before June 30, 2025 if they do not obtain a DTSP license. MAS emphasized that there is no transition period and violators will face penalties in accordance with the law.

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