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BTCC / BTCC Square / Global Cryptocurrency /
Singapore Tightens Crypto Regulations in 2025 to Enhance Security and Transparency

Singapore Tightens Crypto Regulations in 2025 to Enhance Security and Transparency

Author:
Global Cryptocurrency
Published:
2025-07-09 06:48:02
9
3
BTCCSquare news:

Singapore solidifies its position as a global cryptocurrency hub with updated regulatory measures under the Financial Services and Markets Act 2022. By June 2025, all cross-border crypto service providers must obtain licenses, with non-compliance carrying penalties of up to SGD 250,000 and three-year prison terms.

The Monetary Authority of Singapore (MAS) mandates licensing for digital token service providers (DTSPs), aiming to curb money laundering and boost investor confidence. These rules specifically target digital payment token (DPT) service providers, reflecting the city-state's proactive stance on balancing innovation with risk management.

|Square

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