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Monetary Authority of Singapore: Unlicensed cryptocurrency service providers must cease operations by the end of this month

2025.06.02 - 05:46
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TechFlow news, on June 2, the Monetary Authority of Singapore (MAS) released a final policy document on May 30, 2025. It stipulates that all cryptocurrency service providers registered or operating in Singapore must cease providing cryptocurrency services to overseas customers by June 30, 2025, if they have not obtained a DTSP license. MAS emphasized that no transition period will be granted, and violators will face penalties under the law.

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