---
type: country
domain: web3-compliance
status: compiled
tags: [Legal, Crypto Tax, Crypto Regulation, Country]
aliases: [Singapore Fintech Hub]
created: 2026-04-23
compile_into: ""
slug: free-zone--singapore-fintech-hub
sources: "[./crypto-map/data.json#/SG-FZ, \"https://soken.io/crypto-map/countries/singapore-fintech-hub.html\"]"
source_url: "https://soken.io/crypto-map/countries/singapore-fintech-hub.html"
title: "Singapore Fintech Hub — Crypto Regulation 2026 | Soken"
description: Singapore maintains a crypto-friendly regulatory environment with clear frameworks such as the Payment Services Act 2019 governing digital payment token…
scraped_at: "2026-04-23T20:08:45.805937+00:00"
entry_type_raw: free_zone
parent_country: SG
region: southeast_asia
---

# Singapore Fintech Hub — Crypto Regulation 2026 | Soken

# 🇸🇬 Singapore Fintech Hub

Singapore maintains a crypto-friendly regulatory environment with clear frameworks such as the Payment Services Act 2019 governing digital payment token services.

## Overview

|     |     |
| --- | --- |
| Status | **crypto\_friendly** |
| Risk Score | 15/100 (Low Risk) |
| Region | southeast asia |
| Currency | SGD |

## Tax

|     |     |
| --- | --- |
| 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.

## Licensing

|     |     |
| --- | --- |
| 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.

## DeFi

**Status:** regulated

DeFi activities fall under existing regulatory frameworks requiring compliance with AML and licensing where applicable.

## Stablecoins

**Status:** regulated

Stablecoins are regulated under the Payment Services Act with specific requirements for issuance and redemption to ensure consumer protection.

## NFTs

**Status:** no\_rules

No specific NFT regulation; generally permitted

## Mining

|     |     |
| --- | --- |
| 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.

## Geopolitics

|     |     |
| --- | --- |
| Stability | very\_stable |
| Sanctions | No |
| Corruption Index | 85/100 |
| Banking Access | open |

Last reviewed: 2026-04-13 ·
Data source: [Soken Crypto Legal Map](https://soken.io/crypto-map/)

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