DATA & FIGURES
The MAS Investor Alert List includes 910 records, and Bybit is the latest addition to this list. The MAS has been actively regulating the crypto sector, with recent actions including the revocation of the Major Payment Institution license of Bsquared Technology due to serious regulatory breaches.
THE SCENARIO
Singapore has established itself as a leading crypto hub, ranking among the world's top jurisdictions for decentralized finance and institutional digital asset services in Chainalysis' 2025 Global Crypto Adoption Index. However, retail crypto adoption ranks significantly lower.
DIRECT QUOTE
"The Investor Alert List identifies entities and investment offers that may create the false impression of being licensed, authorized, regulated or registered by the authority, or whose investment offerings may be mistakenly viewed as having received MAS approval." — MAS statement
BBN INSIGHT
The addition of Bybit to the MAS Investor Alert List highlights the importance of regulatory oversight in the crypto sector. As Singapore continues to establish itself as a leading crypto hub, the MAS is taking a proactive approach to regulating the industry and protecting investors.