๐Ÿšจ Singapore Promises to Shut Down Unlicensed Crypto Platforms

๐Ÿ”– The Monetary Authority of Singapore (MAS) has stated that after June 30, any crypto firm operating in Singapore must obtain a Digital Token Providers Service (DTSP)

license or cease operations.ย 

For violation - a fine of up to $ 200,000 and imprisonment up to three years.