Singapore’s police force joined forces with cryptocurrency platform StraitsX in a joint operation spanning May 13th to 30th to combat illicit money laundering using cryptocurrencies. The operation resulted […]
Singapore Tightens Crypto Rules, Pushing Offshore Firms Out
Singapore has enacted stricter regulations for crypto firms operating within its borders, leading to significant changes in the industry. The Monetary Authority of Singapore (MAS) is requiring all […]
Bitget & Bybit Exit Singapore’s Retail Crypto Market Due to Strict MAS Regulations
Singapore’s regulatory crackdown on the crypto market is prompting prominent exchanges, Bitget and Bybit, to exit its retail segment. The Monetary Authority of Singapore (MAS) has introduced stricter […]
Crypto Crime Crackdown: Singapore Police Probe Linked to $200,000 in Illicit Funds
Singapore police have launched a crackdown on crypto-related money laundering, uncovering over SGD 200,000 (approx. USD 150,000) in illicit funds during an investigation involving 49 individuals. The operation […]
Singapore DTSP Act Sparks Debate: Examining its Impact on Crypto Users
The Singaporean Digital Transactions Services Providers (DTSP) Act has triggered concerns among local cryptocurrency users, prompting a discussion about its potential implications for the sector. The event ‘End […]
Singapore Police & StraitsX Target Money Laundering in Crypto Transactions
The Singapore police have joined forces with cryptocurrency platform StraitsX to combat money laundering through digital currencies. From May 13th to May 30th, the joint operation successfully seized […]
MAS Issues Final Warning to Unlicensed Crypto Exchanges in Singapore
Singapore’s Monetary Authority (MAS) has issued a final warning to all unlicensed cryptocurrency exchanges operating within the country. These exchanges face a deadline of June 30th to cease […]
Singapore Tightens Crypto Rules: Offshore Exchanges Exit Amid Crackdown
Singapore’s government is clamping down on unlicensed cryptocurrency firms, forcing several major players to consider relocating operations. The Monetary Authority of Singapore (MAS) issued a final notice requiring […]
Singapore Enforces Crypto Firm Licensing by 2025 Deadline
The Monetary Authority of Singapore (MAS) has mandated all crypto firms to obtain licenses by June 2025, aiming to improve consumer protection and prevent money laundering. This new […]
Singapore Enforces Crypto Licensing Mandate, Leading to Potential Exodus
The Monetary Authority of Singapore (MAS) has mandated that all crypto trading platforms secure a MAS DTSP license by June 30, 2025, or face the consequences. This applies […]
Singapore Tightens Crypto Rules: A New Era of Compliance
Singapore is undergoing a major shift in its approach to cryptocurrency regulation with the introduction of the DTSP Guidelines. These new rules significantly tighten oversight for all crypto […]
Singapore’s Web3 Regulation: A Battle Royale for Crypto Firms
Singapore’s web3 ecosystem is undergoing a significant transformation as regulatory measures are implemented, marking the end of its lenient approach to crypto businesses. The government has decided to […]
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, […]
Singapore Enforces Crypto Licenses: Implications for Industry Players
Singapore has mandated licenses for digital payment token service providers, signaling a major shift in the country’s approach to cryptocurrency regulation. This move by the Monetary Authority of […]
Singapore to Shut Down Unlicensed Trading Platforms
Singapore’s Monetary Authority and police will enforce a ban on unlicensed trading platforms Octa and XM starting June 20th. This measure prevents residents from accessing the platforms through […]