The post Singapore to Jail Unlicensed Crypto Firms, Impose $200K Fine appeared first on Coinpedia Fintech News
The Monetary Authority of Singapore (MAS) has announced tough new rules for crypto companies offering overseas services. Under the latest guidelines, digital token service providers (DTSPs) must stop all overseas operations by June 30, 2025, unless they are officially licensed — or face a fine of up to $200,000 and jail time of up to …