Crypto Firms in Singapore need to Obtain Licence or Cease Overseas Operations by June 2025
The Monetary Authority of Singapore (MAS) has issued a stern directive to all Crypto firms in Singapore-based entities offering digital token services to overseas clients. These entities must obtain a Digital Token Service Provider (DTSP) licence under the Financial Services and Markets (FSM) Act 2022 by June 30, 2025, or cease all cross-border operations immediately. […]
