
You’re launching a token into Singapore. Where that token sits under financial services law decides most of your legal path.
Information, not advice
This page is information, not legal advice about your matter. A retainer begins only when a lawyer confirms it.
Start here
Work out what your token legally is, before you build around it
That one answer decides whether MAS treats it as a digital payment token or a capital markets product, and which licence follows from that.
What to work through, in order
Is the token a financial product?
Whether the token is a digital payment token under the Payment Services Act or a capital markets product under the Securities and Futures Act. MAS looks at the rights attached, not the label.
Where the issuer sits
A Singapore private limited company gives regulatory credibility and treaty access, but brings MAS scrutiny and substance expectations. A foundation structure is the alternative where governance must be distributed.
What you can say before launch
MAS restricts the promotion of digital payment token services to the public, including advertising in public spaces and through third parties. The restrictions apply to how you promote, not only to what you offer.
Next steps
What happens if you go ahead
Scoping call
Written scope and fixed-fee quote
Engagement, once a lawyer confirms
Who would handle it
Offices
Melbourne
Level 17, 31 Queen Street, Melbourne VIC 3000
Sydney
Unit 3, 55 Pyrmont Bridge Road, Pyrmont NSW 2009
Gold Coast
Level 5, 33 Elkhorn Avenue, Surfers Paradise QLD 4217


