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BTCC / BTCC Square / Global Cryptocurrency /
Singapore Tightens Crypto Licensing Rules, Targets Offshore-Only Providers

Singapore Tightens Crypto Licensing Rules, Targets Offshore-Only Providers

Author:
Global Cryptocurrency
Published:
2025-06-07 11:24:02
13
3

Singapore's Monetary Authority (MAS) has issued clarifications on its regulatory framework, forcing offshore-only crypto service providers into urgent compliance mode. The June 6 guidance threatens to cut off unregulated access to digital asset markets unless firms meet licensing requirements by June 30.

The move signals Singapore's hardening stance toward cryptocurrency operations that serve local investors without proper oversight. Offshore platforms facilitating tokenized finance or digital asset trading for Singaporean users now face a compliance race against the deadline.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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