Instrumententafel Angst & Gier Bergbaubecken Geldbörsen Wörterbuch Werben Facebook Twitter Telegram Reddit Youtube
Marktkapitalisierung:
24h Vol:
Kryptowährungen: 13286
Märkte: 103975
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Marktkapitalisierung
24h Vol
13286
Kryptowährungen
63.99%
Bitcoin Aktie
crypto.news 2025-06-12 06:43:18

Singapore’s MAS issues final warning for unlicensed crypto exchanges to cease operations by June 30

Singapore’s MAS issues final warning for unlicensed crypto exchanges to cease operations by June 30

Singaporean financial authorities have issued a final warning to crypto exchanges operating in the region without a license. Exchanges are expected to cease operations by June 30 at the latest. According to a recent report by Bloomberg, the Monetary Authority of Singapore has prompted a number of crypto exchanges to reevaluate their operations in the region due to the crackdown. The notice was first issued at the end of May, followed by a clarification on June 6, which urged crypto firms to cease operations by June 30. “This move should also not come as a surprise to the industry as we have consistently communicated our position on such service providers on various occasions,” said a MAS spokesperson to Bloomberg. Despite financial authorities insisting that only a “very small” number of providers will be affected, major crypto firms operating in Singapore from offshore headquarters have begun to make anticipatory changes. According to inside sources, Bitget and Bybit are already planning to reorganize their on-the-ground teams due to the MAS warning. Bitget intends to move their Singapore -based staff to other branches in Dubai or Hong Kong . Meanwhile, Bybit is reportedly considering similar moves. However, representatives of Bitget and Bybit declined to comment on their plans. You might also like: Sony Singapore now accepts USDC payments through Crypto.com Several digital asset firms have warned that hundreds of jobs would be at stake, considering some firms have hundreds of their staff based in Singapore according to data from DeFiance Capital LLC. Blockchain intelligence firm ChainArgos, which remains unaffected by the notice, viewed the recent notice as having a “severe” impact on crypto firms in Singapore, especially the ones operating mainly offshore. “This is almost is as good as an evacuation procedure,” said ChainArgos general counsel Patrick Tan. In the May 30 announcement, MAS informed firms that it will refuse to grant them “transition time” and warned crypto exchanges that license requests leading up to the deadline would only be granted under “extremely limited” circumstances. Even though Singapore has been hailed as one of Asia’s major crypto hubs, hosting the headquarters of leading crypto firms like Coinbase and Crypto.com, crypto asset ownership have been on the decline among citizens lately. Just last year, a recent survey found that nearly 50% of investors sold part or all their holdings in the past year, with 67% making profit Read more: Crypto ownership falls sharply in Singapore as half of holders sell in 2024, data shows

Meist gelesene Nachrichten

Moralis Money
Marktkapitalisierung
24h Vol
63.99%
Bitcoin Aktie
506
Heute Nachrichten
Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen