Singapore Directs Crypto Firms to Halt Overseas Operations in Crackdown on Unlicensed Providers - daylightnews

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Tuesday, June 3, 2025

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Singapore Directs Crypto Firms to Halt Overseas Operations in Crackdown on Unlicensed Providers

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The Monetary Authority of Singapore (MAS), recently outlined certain requirements to be fulfilled by the "Digital Token Service Providers (DTSPs) in Singapore, in order to establish more control over crypto-related services. The MAS has also decided to limit licensing for DTSPs.

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