Singapore’s central bank, the Monetary Authority of Singapore (MAS), has issued a set of guidelines restricting crypto companies from promoting their services to the public.
The guidelines require services of crypto-asset companies. newspapers, publications, magazines, and social media platforms may not market or advertise in public places, including on their websites, mobile apps or social media accounts includes you can introduce. MAS, Cryptocurrency ATM’He also stated that the products can be considered as a promotion and therefore should not be made available in public places.
guidelines, Singapore Payment Services Act in the scope of licensed over Singapore, including provider companies all companies offering crypto services will apply to