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

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Tuesday, June 3, 2025

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

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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