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CLOSE-UP: SINGAPORE TIGHTENS CRYPTO!
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From June 30, 2025, the Monetary Authority of Singapore (MAS) requires domestic crypto companies to CEASE OPERATIONS ABROAD. No DTSP license? You must apply or stop immediately!
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What does this mean?
Crypto businesses in Singapore are not allowed to provide digital token services internationally.
Violation? Heavy fines up to 250,000 SGD (~200,000 USD) or 3 years in prison!
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No transition period, the deadline is approaching!
