Quote from: MoparMiningLLC on March 30, 2025, 09:34:10 PM

Quote from: raghavsood on March 30, 2025, 06:06:10 PM

Singapore's local crypto licensing is fairly broadly worded, and makes it difficult to sell loaded items from a local entity without a license. I imagine they were told by their lawyers to just exclude Singaporeans residents to avoid any issues.

would they not still be selling "from a local entity" (themselves) even if it is abroad, it would still be coming from Singapore. Either way, if it is legitimately Satori - then it is good news.

Presently, regulations only care about entities serving local residents - that's why a lot of exchanges are also based in Singapore, but don't serve Singapore residents - as long as you find your clients overseas only, local regulations are limited in scope.