Monetary Authority of Singapore: Unlicensed Crypto Service Providers to Stop Services by the End of the Month

On June 2, the Monetary Authority of Singapore (MAS) issued a final policy document on May 30, 2025. It stipulates that all crypto service providers registered or operating in Singapore must stop providing cryptocurrency services to overseas customers by June 30, 2025 if they do not obtain a DTSP license. MAS stressed that there is no transition period and violators will face penalties in accordance with the law.