Bitstamp Secures MAS License to Operate in Singapore Amid Stricter Crypto Regulations

July 4, 2025 – Crypto exchange Bitstamp has received a license from Singapore’s Monetary Authority (MAS), allowing it to continue offering services in the country under new, stricter regulatory requirements for digital asset firms.

Bitstamp Gains Regulatory Green Light in Singapore

Bitstamp announced on Thursday that it has secured a license from Singapore’s central bank and financial regulator, the Monetary Authority of Singapore (MAS). The approval allows the crypto exchange to legally provide services to both local and international clients from its Singapore base.

The license comes as part of Bitstamp’s broader expansion strategy into the Asia-Pacific (APAC) region, where Singapore and Hong Kong continue to emerge as key hubs for digital asset innovation.

MAS Tightens Crypto Rules in Singapore

In June 2025, MAS implemented new regulations mandating that all crypto exchanges serving overseas customers must be licensed by the authority. Firms failing to comply could face heavy penalties, including expulsion, financial fines, and potential imprisonment.

The regulator warned that licenses would not be easily granted due to heightened money laundering risks, particularly for companies whose primary operations lie outside Singapore.

Singapore’s Crypto Adoption Remains Low Despite Global Presence

Singapore continues to position itself as a global crypto hub, attracting international blockchain and Web3 firms with its balanced regulatory environment and focus on consumer protection.

However, according to the Independent Reserve Cryptocurrency Index Singapore 2025 study, while 94% of Singaporeans are familiar with digital assets, only 29% currently or previously owned any cryptocurrencies. Bitcoin remains the most popular digital asset in the country, held by 68% of crypto investors.

What Has Happened So Far

• June 2025: MAS introduced new licensing rules for crypto firms serving overseas clients.
• July 1, 2025: Deadline for crypto firms to stop operations without a license in Singapore.
• July 4, 2025: Bitstamp announced it has secured an MAS license to legally continue operations.