Crypto Exchange Bybit Added to Singapore MAS Investor Alert List

The Monetary Authority of Singapore’s Investor Alert List warns the public about entities that may be mistaken for being licensed or regulated in Singapore. If crypto exchange Bybit does not hold a local license, investors using its services may not receive the full protections available under Singapore’s regulatory framework.

MAS recently added Bybit and its parent company, Bybit Fintech Limited, to the Investor Alert List. Available information did not specify the exact listing date, any amount involved or any enforcement action. Bybit subsequently said it was communicating with MAS but has yet to announce a timeline for the discussions, any change in its regulatory status or its next steps.