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Singapore Cracks Down: Unlicensed Overseas Crypto Platforms Face Ban

Singapore Cracks Down: Unlicensed Overseas Crypto Platforms Face Ban

Author:
decryptCO
Published:
2025-06-02 11:27:10
9
2

Singapore Financial Watchdog to Ban Overseas Crypto Services Without License

Singapore’s financial watchdog just drew a line in the sand—no more free passes for offshore crypto services operating without local licenses. The Monetary Authority of Singapore (MAS) is tightening the screws, forcing foreign platforms to play by its rules or get locked out.

Another day, another regulator flexing its muscles—because nothing says ’financial innovation’ like a fresh layer of bureaucratic red tape.

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