Policy Reference

Singapore

Explore Singapore’s crypto laws, including MAS licensing, payment token rules, taxes, AML compliance, and digital asset regulation.

Monetary Authority of Singapore (MAS)

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Law database

4 law profiles

Singapore Payment Services Act 2019

Act 2 of 2019 Act Added Jun 3, 2026

Effective

Jan 28, 2020

AML/CFT Custody Licensing & Registration +2 more

Singapore’s Payment Services Act 2019 creates MAS licensing and oversight for payment services, including digital payment token services,...

Singapore Expanded Payment Services Act DPT Amendments

No. 1 of 2021; S 285/2024, S 286/2024, S 287/2024 Act Added Jun 8, 2026

Effective

Apr 4, 2024

AML/CFT Consumer protection Custody +2 more

Singapore’s 2021 Payment Services Act amendments expanded MAS oversight of DPT services, including custody, transfer and exchange facilitation,...

MAS Single-Currency Stablecoin Regulatory Framework

MAS SCS Framework (2023) Regulation Added Jun 8, 2026

Proposed

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Consumer protection Disclosure & Marketing Licensing & Registration +2 more

Singapore’s MAS framework would regulate SGD- or G10-pegged single-currency stablecoins issued in Singapore, focusing on reserves, capital, redemption...

Financial Services and Markets (Digital Token Service Providers) Regulations 2025

S 342/2025 Regulation Added Jun 6, 2026

Effective

Jun 30, 2025

AML/CFT Custody Disclosure & Marketing +2 more

Singapore’s 2025 DTSP Regulations implement FSMA Part 9 for digital token services provided outside Singapore, setting licensing, financial,...

Information is for general purposes only and not legal advice. See full disclaimer.