Crypto tax in Singapore
How IRAS looks at digital tokens — no general capital-gains tax for a long-term personal investment, trading that can be business income, mining, staking, token salaries, and GST on DPTs from 1 January 2020.
16 October 2026
Regulation
MAS rules, tax and licences
Singapore does not treat crypto as legal tender, but it does treat it as a regulated activity. The Monetary Authority of Singapore licenses Digital Payment Token service providers, IRAS taxes some activity as income, and GST still applies to many token transfers. These explainers are for readers who want the rules before the trade.
MAS crypto regulation explained
A plain-English map of how the Monetary Authority of Singapore regulates crypto — the Payment Services Act, digital payment tokens, the travel rule, retail safeguards and the Investor Alert List.
15 October 2026
Is crypto legal in Singapore?
Yes, you may hold digital payment tokens in Singapore — they are not legal tender, not a casino chip, and not a reason to use an unlicensed offshore book. Employment paid in tokens is legal and taxable.
9 October 2026
MAS stablecoin framework — what “MAS-regulated” actually means
How Singapore’s single-currency stablecoin framework treats reserves, redemption at par and the “MAS-regulated stablecoin” label, and why USDT and USDC are not automatically SCS just because a licensed book lists them.
7 October 2026
Why Singapore crypto withdrawals get held — the travel rule, explained
How MAS Notice PSN02 applies the FATF travel rule to DPT providers in Singapore, what originator and beneficiary data must travel with a transfer, and why a withdrawal to your own wallet can sit on hold.
25 September 2026
Payment Services Act DPT licences — MPI versus SPI
What a Major or Standard Payment Institution licence lets a crypto firm do in Singapore, which activities it covers, and why a licence is not a deposit and not SDIC.
19 September 2026