Singapore Mandates Crypto Licenses by June 30, 2025

Singapore’s Monetary Authority (MAS) has issued a directive requiring all crypto service providers offering services to overseas clients from within Singapore to obtain a license by June 30, 2025. This move aims to regulate the industry and deter unlicensed activities. The regulation is expected to impact major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), potentially affecting operational flexibility for platforms based in Singapore.