🚨 Singapore Cracks Down on Unlicensed Crypto Firms — Major Exchanges on the Move! 🇸🇬⚠️
Singapore’s regulator has ordered all unlicensed crypto firms to cease offshore operations by June 30, triggering a major shakeup in the region! ⏳💥
Key updates:
🔹 Bitget plans to relocate staff to Dubai and Hong Kong
🔹 Bybit is reportedly considering similar moves
🔹 MAS warns licenses will be granted only in rare cases, putting hundreds of local jobs at risk
This signals a tough stance on crypto compliance and could reshape Asia’s crypto landscape. How will this affect global crypto markets? 🌏💼
What’s your take on MAS’s strict approach? Sound off below! 👇
#SingaporeCrypto #MAS #CryptoRegulation #BinanceSquare #Bitget #Bybit #CryptoNews
