Singapore Clamps Down: Crypto Founders Face Jail Time and $200K Fines Under New Regulations

BTCC / BTCC Square / Financemagnates /

Author:

Financemagnates

Published:

2025-06-23 21:04:26

Singapore’s New Rules Threaten Crypto Founders With Jail and $200K Fines

Singapore tightens the screws—crypto entrepreneurs now risk prison and crippling fines as regulators double down.

The city-state's infamous 'clean finance' reputation gets teeth: fail to comply, and you're looking at hard time plus a $200,000 parting gift from the Monetary Authority.

Meanwhile, traditional bankers sip champagne—watching from their compliance-proof towers as crypto's 'wild west' gets fenced in.

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Singapore Clamps Down: Crypto Founders Face Jail Time and $200K Fines Under New Regulations

|Square