News > After India, Singapore warns crypto providers not to advertise digital payment tokens via public ads

After India, Singapore warns crypto providers not to advertise digital payment tokens via public ads

In new guidelines, the Monetary Authority of Singapore (MAS) said that cryptocurrency service providers should not promote their DPT services to the general public in Singapore. 

The new guidelines clarify that DPT service providers should not engage in marketing or advertising of DPT services via all kinds of advertisements, across the media as well as social media influencers.