Financial Services and Markets Act digital token service provider regime
Also known as: Singapore DTSP Regime
Overview
Key Details
Jurisdiction
SingaporeRegulator
Monetary Authority of Singapore
Law Type
Act
Status
In ForceOfficial Law Number
FSMA Part 9
Official Title
Financial Services and Markets Act digital token service provider regime
Effective Date
June 30, 2025
Publication Date
June 30, 2025
Last Verified
August 24, 2026
Who This Law Applies To
Key Requirements
Official Sources
Related Laws
Financial Services and Markets Act 2022 — Part 9 Digital Token Service Providers
Financial Services and Markets Act 2022 (No. 28 of 2022) — Part 9
Part 9 of the Financial Services and Markets Act 2022 extends Singapore's regulatory oversight to Singapore-incorporated digital token service providers (DTSPs) serving customers outside Singapore. It requires licensing, fit-and-proper, AML/CFT and supervisory compliance, addressing regulatory risk from outward-facing digital token services. The DTSP regime commenced on 30 June 2025.
Payment Services Act 2019
Payment Services Act 2019 (No. 2 of 2019)
Singapore's Payment Services Act 2019 creates licensing tiers and designated payment-service categories, bringing digital payment token (DPT) services into the regulated payments perimeter for the first time. It supports AML/CFT, technology-risk and customer-protection requirements through subsidiary rules and MAS notices. Major amendments were introduced in 2021 and 2024.
Singapore Payment Services Act DPT Regime
Payment Services Act 2019 – Digital Payment Token Service
Regulates dealing in and facilitating exchange of digital payment tokens and related services.
Decision No. E/35/2023 — VASP Registration and AML/CFT Instructions
Decision No. E/35/2023 on Virtual Asset Service Provider Registration, Cancellation of Registration and AML/CFT Instructions
Oman's FSA Decision No. E/35/2023 requires registration with the Oman Financial Services Authority (formerly Capital Market Authority) before carrying on covered virtual-asset activities in the Sultanate of Oman. It implements AML/CFT, governance and compliance requirements, and provides registration, cancellation and supervisory procedures. This is a VASP registration/AML regime and should be distinguished from any future full licensing framework.
BCB Resolutions No. 519, 520 and 521 of 2025 — Virtual Asset Regulatory Framework
Resoluções BCB nos. 519, 520 e 521, de 10 de novembro de 2025
Brazil's Central Bank (BCB) Resolutions No. 519, 520 and 521 of 10 November 2025 implement the virtual-asset regulatory framework under the supervision of the Central Bank. Resolution 519 establishes VASP authorisation procedures; Resolution 520 sets activity, governance, controls, security and conduct requirements; Resolution 521 integrates specified virtual-asset operations into Brazil's foreign-exchange and international-capital rules. Commencement is staged during 2026 — verify the effective date for each resolution separately.
Utility Token Offering Act, 2018 (Act No. 4/2018)
Utility Token Offering Act, 2018 (Act No. 4 of 2018)
Anguilla's Utility Token Offering Act 2018 (Act No. 4/2018) is one of the world's earliest purpose-built utility-token offering frameworks. It creates registration requirements for utility-token issuers, sets offering, disclosure and issuer-qualification conditions, and works with AML regulations and later amendments. Verify the most recent consolidation — a 2020 amendment may affect the effective/status fields.
