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Singapore Strengthens Regulations on Cryptocurrency Trading
2025-07-01 /
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Author：小编
The Monetary Authority of Singapore (MAS) has recently reinforced its oversight of cryptocurrency trading by mandating that digital token service providers catering exclusively to overseas clients must secure a license to continue operations. Those without a valid license are obliged to cease their trading platforms. Additionally, MAS has elevated the criteria for license issuance and will generally cease granting new licenses, a move aimed at mitigating financial crimes, including money laundering, perpetrated through cryptocurrencies.
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