According to Foresight News, the Monetary Authority of Singapore has issued a statement stating that it will tighten regulatory measures for cryptocurrency trading to curb financial criminal activities such as money laundering using cryptocurrencies. In addition, it has raised the threshold for issuing DTSP licenses and generally will not issue such licenses. Foresight News previously reported that the Monetary Authority of Singapore released its final policy document on May 30, 2025. It is stipulated that all cryptocurrency service providers registered or operating in Singapore must cease providing cryptocurrency services to overseas customers before June 30, 2025, if they have not obtained a DTSP license. MAS emphasizes that there is no transitional period, and violators will face punishment in accordance with the law.