Singapore's June 30 Crypto Deadline Forces Firms to Secure License or Exit

Digital assets finally go legal for Vietnam

The National Assembly passed the Law on Digital Technology Industry on June 14, to take effect in 2026. The legislation marks a pivotal development in the country’s digital economy framework, recognising digital assets, including virtual and crypto, while explicitly excluding securities, central bank digital currencies, and other financial instruments. “Virtual assets in electronic environments are a type of digital asset that may be used for ex…

Singapore's June 30 Crypto Deadline Forces Firms to Secure License or Exit

MAS will require any Singapore-based crypto entity serving overseas clients to obtain a licence or to cease cross-border operations The financial institution has stated they will issue licences only in extremely limited circumstances Non-compliance leads to up to $200,000 fines and up to three years of imprisonment Effective June 30, the Monetary Authority of Singapore (MAS) will require any Singapore-based crypto entity serving overseas clients…

REGULATIONS | The Monetary Authority of Singapore Demands Operating Entities ‘Obtain a DTSP License or Immediately Cease Operations’

The Monetary Authority of Singapore (MAS) has announced expanded oversight under the Payment Services Act, now requiring crypto service providers – including custodians and wallet operators – to implement stricter safeguards. As of June 30 2025, any entity incorporated in Singapore – whether a company, partnership, or individual – that provides digital token services to overseas clients must either: Obtain a Digital Token Service Provider (DTSP…