When it comes to crypto compliance Singapore, the set of legal and operational standards that crypto businesses must follow to operate legally in Singapore. Also known as virtual assets licensing, it’s not optional—it’s the gatekeeper for any exchange, wallet provider, or DeFi project wanting to serve users in the country. Unlike places where crypto rules are blurry or ignored, Singapore’s Monetary Authority of Singapore (MAS) treats digital assets like financial instruments. That means if you’re running a platform, trading frequently, or even running a crypto-focused business, you’re under the microscope.
This isn’t just about paperwork. MAS crypto rules, the regulatory framework enforced by Singapore’s central bank for virtual asset service providers. Also known as virtual assets licensing, it requires firms to prove they have anti-money laundering controls, know-your-customer checks, and secure custody systems. Failure? Fines up to $2 million or jail time. That’s why big exchanges like Binance and Coinbase either got licensed or pulled out. Smaller platforms? They either comply or vanish. And it’s not just for companies—individual traders need to know how their activity is tracked, especially if they’re using foreign platforms that don’t report to MAS.
What does this mean for you? If you’re trading on a platform based in Singapore, you’re protected by strict rules on fund safety and transparency. But if you’re using an offshore exchange, you’re on your own. Singapore doesn’t regulate foreign platforms, but it does monitor transactions from local bank accounts. That means if you’re sending large sums to unlicensed exchanges, you could trigger a red flag—even if you didn’t break any laws. crypto exchange Singapore, a digital asset platform legally registered and licensed by MAS to operate in the country. Also known as licensed crypto platform, it’s the only safe bet for local users who want to avoid legal gray zones.
The rules keep changing. In 2025, MAS tightened requirements for stablecoin issuers, forced clearer disclosures on token risks, and started cracking down on unlicensed airdrops and yield farming schemes. You can’t just promote a new token with promises of 50% returns anymore. That’s a violation. And if you’re part of a DeFi project that doesn’t register, you’re not just risking your money—you’re risking your legal standing.
What you’ll find below are real reviews and deep dives into platforms, tokens, and trading tools that either passed Singapore’s compliance checks—or failed them hard. Some are based in Singapore. Others are used by Singaporeans despite the risks. Every post cuts through the noise: no fluff, no hype, just what you need to know to stay legal, safe, and informed.
As of June 2025, Singapore's MAS has effectively halted new crypto licenses, enforcing strict AML, capital, and compliance rules. Only elite firms with local teams and full Travel Rule systems can operate. This is no longer a crypto-friendly hub - it's a fortress of financial integrity.