MAS orders unlicensed crypto firms to exit Singapore by June 30

12-6-2025 – Singapore’s financial watchdog, the Monetary Authority of Singapore (MAS), has issued a stern ultimatum to unlicensed cryptocurrency exchanges, demanding their swift withdrawal from the city-state’s market. The directive, announced on May 30, 2025, mandates that firms with a physical presence in Singapore but operating offshore services must halt all activities, including front-office functions [. . source: https://www.cointrackdaily.com/mas-orders-unlicensed-crypto-firms-to-exit-singapore-by-june-30/