SG


Singapore

Permissive

Asia · Southeast Asia

Last verified: 2026-02-18

01

REGULATORY FRAMEWORK

Framework

Payment Services Act (PSA)

Effective

2020-01-28

Licensing

Required

Notes

Digital Payment Token (DPT) license required for crypto services. Strict AML/CFT requirements.

Details

Bitcoin trading and custody permitted under PSA framework. Spot Bitcoin ETFs approved in 2024. Retail access restricted for some products.

Primary Regulator

Monetary Authority of Singapore (MAS)

Official Website

Data Provenance

High(1 source)

Per Monetary Authority of Singapore (MAS) · 2026-02-18T00:00:00Z



Not Legal Advice

Regulatory status is for educational purposes only. Verify with official sources before making decisions.