🇸🇬#Singapore just told crypto firms: Serve overseas clients without a license after June 30, and you’re out.
No grace period. No second chances. MAS is slamming the door on global-facing operations unless you get a DTSP license, which they’re handing out about as often as a Nobel Peace Prize for tax honesty.
This isn’t about banning #crypto or #Bitcoin, it’s about weaponizing compliance. Anti-money laundering, terrorism finance, reputational risk… the usual fear-mongering to corral the last vestiges of monetary sovereignty.
🇦🇪Meanwhile, #Dubai’s rolling out the red carpet. Clear rules, zero capital gains, and regulators who actually want you there. TRON’s already moving $20–$30B/day in stablecoins through the #UAE. The migration is real.
#Singapore: Closed for global crypto business.
Dubai: Open for business, and the future.
Serve clients or serve prison time. your choice. Choose your jurisdiction wisely #nostr.
Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴
npub1hz…ynqel
2025-06-03 10:53:13 UTC
Author Public Key
npub1hzz35pkl67w53lpj2g62zh56g63j5zvz4q3m2nxlsfg5hxcjpwssaynqelSeen on
wss://relay.damus.ioPublished at
2025-06-03 10:53:13 UTCEvent JSON
{
"id": "2f5a9d66eb51f29e936101f4366f1908960531ea7cfb31fefe090687ae949a42",
"pubkey": "b8851a06dfd79d48fc325234a15e9a46a32a0982a823b54cdf82514b9b120ba1",
"created_at": 1748947993,
"kind": 1,
"tags": [
[
"t",
"crypto"
],
[
"t",
"Bitcoin"
],
[
"t",
"Dubai"
],
[
"t",
"UAE"
],
[
"t",
"Singapore"
],
[
"t",
"nostr"
]
],
"content": "🇸🇬#Singapore just told crypto firms: Serve overseas clients without a license after June 30, and you’re out.\n\nNo grace period. No second chances. MAS is slamming the door on global-facing operations unless you get a DTSP license, which they’re handing out about as often as a Nobel Peace Prize for tax honesty.\n\nThis isn’t about banning #crypto or #Bitcoin, it’s about weaponizing compliance. Anti-money laundering, terrorism finance, reputational risk… the usual fear-mongering to corral the last vestiges of monetary sovereignty.\n\n🇦🇪Meanwhile, #Dubai’s rolling out the red carpet. Clear rules, zero capital gains, and regulators who actually want you there. TRON’s already moving $20–$30B/day in stablecoins through the #UAE. The migration is real.\n\n#Singapore: Closed for global crypto business.\nDubai: Open for business, and the future.\n\nServe clients or serve prison time. your choice. Choose your jurisdiction wisely #nostr.",
"sig": "aa49d518cc2e16e078379dbc6798c4f24d385e4d76d41df290aa06e3077f84adea4baf99cbdb352b7c0fefd9547ecae65f1ae86c8befef873e2f0d99262883f5"
}