Singapore maintains a crypto-friendly regulatory environment with clear frameworks such as the Payment Services Act 2019 governing digital payment token services.
| Status | crypto_friendly |
| Risk Score | 15/100 (Low Risk) |
| Region | southeast asia |
| Currency | SGD |
| Capital Gains (Personal) | 0% (no CGT) |
| Capital Gains (Corporate) | 17% CIT |
| VAT on Crypto | No |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |
No crypto-specific tax guidance available.
| Required | Yes |
| Regulator | MAS |
| Framework | Payment Services Act 2019 |
| Ease | medium |
| Cost | N/A |
Licensing under the Payment Services Act requires compliance with AML/KYC and operational standards.
Status: regulated
DeFi activities fall under existing regulatory frameworks requiring compliance with AML and licensing where applicable.
Status: regulated
Stablecoins are regulated under the Payment Services Act with specific requirements for issuance and redemption to ensure consumer protection.
Status: no_rules
No specific NFT regulation; generally permitted
| Legal | Yes |
| Electricity | $0.1/kWh |
| Renewable | 18% |
| Infrastructure | excellent |
Singapore has high-quality data center infrastructure and reliable internet connectivity, making it suitable for crypto mining despite relatively higher electricity costs compared to regional peers.
| Stability | very_stable |
| Sanctions | No |
| Corruption Index | 85/100 |
| Banking Access | open |
Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map
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