WHY DID THE

Last updated: June 16, 2025, 10:16  |  Written by: Vitalik Buterin

Why Did The
Why Did The

The Monetary Authority Of Singapore

Singapore wants crypto firms to keep client funds in a trust

The Monetary Authority of Singapore (MAS), which regulates the country’s financial sector, has prohibited traders from lending or staking cryptocurrencies, and is now

Singapore’s Crypto Firms Have to Keep Customer

Singapore

Singapore’s Monetary Authority (MAS) stated it would require cryptocurrency exchanges to put customer funds in a trust. The authorities announced the

Singapore to require crypto firms to put user assets

Singapore Forces Crypto Exchanges to Move Customer Funds to A

Singapore: Crypto Firms Asked to Shift Client Funds to

Singapore Tells Crypto Platforms to Keep Client Money in a Trust

Singapore's MAS Orders Crypto Firms to Keep

The Monetary Authority Of Singapore

The Monetary Authority of Singapore (MAS) announced new requirements for crypto firms to keep their customers' funds in a statutory trust before the end of the year. The

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