All / Singapore

Singapore

The three verdicts below apply to promoting platforms to people living in Singapore. This is a directional summary, not legal advice.

Crypto exchange

Do not

MAS Guidelines PS-G02 (17 Jan 2022) state that DPT service providers must not market to the general public and specifically must not engage third-party websites or social-media influencers; promotion is confined to their own site, app and official accounts. The consequence: no licensed counterparty can lawfully pay a site like Kaliper Lab.

US stock broker

Conditional

An unlicensed person marketing capital-markets products risks being treated as dealing without a licence under SFA s.82.

Forex / CFD

Conditional

MAS-licensed entities only. High risk.