DTSP

Licensed compliant exchanges in Singapore, like Coinbase, have done a meticulous job for ordinary users in compliance work.

They regularly send users a set of exam questions, both multiple choice and single choice, and only allow continued use of their exchange if the exam is passed.

If users do not complete the questions before the deadline, or if they fail the exam (the questions are very simple and should be passable), their accounts get restricted and cannot be used.

They really protect users to the teeth.

#coinbase
#DTSP
#新加坡加密政策

I received the anti-fraud manual issued by the Singapore Police Force to residents, and installed Singapore's anti-fraud app as prompted: ScamShield

Since the collapse of FTX, which was invested by Temasek in 2022, and the 3 billion Singapore dollar money laundering case in 2023, the two major cases have had a negative impact on Singapore's image as an international financial center, because Singaporeans suffered huge losses in the FTX case, and the funds involved in the money laundering case came from telecommunications fraud and online gambling.

Singapore has strengthened its protection of its citizens.

In my opinion, before it was strengthened, this kind of protection from the government and state-owned banks was already a bit too strong. For example, the bank asked me to return the money I spent in the blockchain game without my request. . .

#AntiScamEducation
#DTSP
#GameFi
#CryptoPayments

🚨 Attention Crypto Businesses 🚨

📅 Starting June 30, 2025, all Singapore-based crypto entities offering services to overseas clients will need to obtain a DTSP (Digital Token Service Provider) license or stop cross-border operations entirely.

🔍 This move signals tighter regulations and a push towards safer, more compliant crypto markets.

#Singapore #Crypto #Regulations #DTSP #Blockchain #CryptoNews #Compliance

Singapore Strengthens Crypto Rules to Fight Financial Crime

As reported by Foresight News, Singapore’s central bank, the Monetary Authority of Singapore (MAS), has introduced stricter regulations on cryptocurrency activities to tackle issues like money laundering. MAS has also made it harder to obtain a Digital Token Service Provider (DTSP) license, stating that such approvals will now rarely be given.

Earlier, on May 30, 2025, MAS released its final policy document, requiring all crypto service providers in Singapore to stop offering services to foreign clients by June 30, 2025, unless they hold a valid DTSP license. The authority clearly stated that there will be no grace period, and those who fail to comply will face legal consequences.#BTC110KToday? #BinanceAlphaAlert #Singapore #news_update #DTSP
$ETH

$BTC

A large wave of Web 3 projects is about to withdraw from Singapore

#MAS
#新加坡Web3
#DTSP