Singapore's DTSP Cryptocurrency License: A New Survival Benchmark

The DTSP (Digital Token Service Provider) is an official designation that crypto companies need to obtain from MAS (Monetary Authority of Singapore) to legally offer services related to digital tokens. In Singapore, a DTSP license is required if the firm: 1. Exchanges digital tokens, including stablecoins and cryptocurrencies; 2. Manages digital wallets or custody services; 3. Serves foreign clients; 4. Engages in activities covered under AML/CFT regulations. Without a DTSP, a firm is considered illegal, especially when handling non-resident clients. Beginning June 30, 2025, such companies must cease all overseas operations or face fines and forced closure. This regulation is part of a global trend: - Incorporating crypto into formal legal systems; - Transitioning to digital money; - Building infrastructure compatible with ISO 20022. If a crypto platform operates without a DTSP, it signals a risk, as funds may be frozen, projects shut down, and users lose access. In conclusion, DTSP acts as a new survival license. Those failing the inspection are out. For those wanting to verify which platforms are legal and how to protect assets: - Enroll in the Ledger Cold Crypto Wallet course at https://edgarbagdasarian.justclick.ru/order/LEDGERMETAMASK; - Join the VIP paid chat at https://t.me/MREDGARCROSS_BOT; - Explore all courses and links at https://mredgarcross.com/.