Best Crypto to Buy Now as Singapore Bars Foreign-Only Digital Token Services
Singapore’s central bank has tightened the screws on offshore token providers, barring crypto firms that serve only foreign customers unless they secure a license that will “generally not” be granted. This shift, slated to take effect on June 30, forces any digital token service targeting overseas clients into a high-bar licensing regime.
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Why does it matter? By drawing a clear line around who can and cannot operate from this major financial hub, Singapore is setting a new compliance precedent for global crypto markets. Investors should…