Singapore Cracks Down: Crypto Firms Must Get Licensed by June 30 or Shut Down

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Story Highlights* Singapore’s MAS has enforced a strict June 30 deadline for all unlicensed crypto firms operating from its territory.

  • The new rules target even offshore-facing firms and freelancers working from Singapore, with no transition period allowed.
  • Compliance requires licensing, customer re-onboarding, SGD 250K capital, and adherence to FATF and tech risk standards.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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