New crypto regulations in Singapore from the Monetary Authority of Singapore (MAS) are prompting companies to reassess their strategies. Binance has found a way to maintain its team in Singapore while avoiding licensing complexities.
MAS Regulation: A Closer Look
As of June 30, 2025, MAS requires all crypto service providers incorporated in Singapore and serving global customers to hold a license. This move aims to prevent firms from using Singapore as a base for unregulated international operations. The country is tightening oversight amid growing concerns over cross-border financial crimes.
Binance's Strategy in New Conditions
In response to the new regulations, Binance confirmed that it will retain over 400 employees based in Singapore, none of whom directly interact with clients. These employees are engaged in compliance, technology, and other internal processes. This approach allows Binance to evade licensing requirements while maintaining its presence in a regional hub.
Why Binance's Strategy Works?
Binance's strategy exemplifies how companies can adapt to new conditions while remaining in the market. Instead of avoiding new laws, the company complies with the MAS requirements, ensuring long-term compliance and operational continuity in the local market. This could serve as a model for other firms in the crypto space.
The crypto regulations in Singapore present an example of how firms can adapt to changing legal demands. Binance shows that compliance does not necessarily mean exiting the market, and innovative strategies can help maintain a local presence.
