🚨 #Singapore MAS Orders Offshore Crypto Firms to Exit or License by June 30 🚨
Tightened “risk‑adjusted” rules aim to plug AML gaps after past industry collapses .
📦 Exchanges on the Move
Platforms like Bitget & Bybit are eyeing #HongKong and #Dubai as they prepare to follow the June 30 cutoff .
🏙️ Why Hong Kong Wins
Spot #Bitcoin & #ETH ETFs already live
Licensing for retail, custody & staking underway
Stablecoin sandbox + tax perks for institutions
📈 Regulatory Race in Motion
MAS vs SFC – clean crypto vs pro‑crypto frameworks. Firms now playing global #jurisdictionshopping .
#Crypto #MAS #HongKong2025 #Regulation #BinanceSquare