Singapore orders local crypto firms to cease overseas activity by June 30

Singapore’s central bank has set a June 30 deadline for local crypto firms targeting overseas markets to halt operations or face steep penalties, including fines of up to nearly $200,000.

Jun 2, 2025 - 10:14
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Singapore orders local crypto firms to cease overseas activity by June 30

Singapore orders local crypto firms to cease overseas activity by June 30

Singapore’s central bank has set a June 30 deadline for local crypto firms targeting overseas markets to halt operations or face steep penalties, including fines of up to nearly $200,000.