Monday, 30 June, 2025

Singapore Enforces Tough New Crypto Rules, Pushes Overseas Exchanges to Relocate

Singapore’s MAS enacted strict regulations requiring crypto exchanges serving only overseas clients to shut down or secure a hard-to-obtain license. Aimed at reducing money-laundering and reputational risks, the move may drive firms like Bitget and Bybit to relocate to hubs such as Hong Kong or Dubai. The change is part of Singapore’s broader shift toward mature, transparent crypto governance.