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Bybit added to Singapore MAS investor alert list on June 17

Bybit added to Singapore MAS investor alert list on June 17

The exchange said it is engaging MAS over the listing, while maintaining it does not serve Singapore residents, blocks local IP addresses and lacks a license under the Payment Services Act.

Fact Check
The MAS Investor Alert List page (mas.gov.sg) is confirmed authentic and serves precisely the function the claim describes. Three independent news outlets — crypto.news, Crypto Briefing, and BeInCrypto — converge on the same specific facts: MAS added Bybit Fintech Limited to the Investor Alert List on June 17, 2026, as a public warning that Bybit is not licensed under Singapore's Payment Services Act, not an operating ban. The accounts agree on date, entity, and nature of the action. Confidence is medium rather than high because the cleaned MAS official page content did not directly surface the individual Bybit entry, leaving the strongest primary confirmation incomplete; however, the consistent independent corroboration strongly supports the claim.
Summary

Bybit Fintech Limited was added to the Monetary Authority of Singapore’s investor alert list on June 17, putting the crypto exchange on a public register used to flag entities that may be wrongly seen as licensed or regulated by MAS. Bybit said it is engaging MAS directly to better understand the basis for the listing and reiterated that it does not serve Singapore users, blocks Singapore IP addresses and states in its terms that Singapore residents are not allowed on the platform. The exchange does not hold a license under Singapore’s Payment Services Act, which requires crypto service providers to be licensed before serving local residents. Placement on the list means users would not receive the protections that apply on MAS-licensed platforms. Binance was added to the same list in 2021.

Terms & Concepts
  • Investor alert list: A public register used by a regulator to warn consumers about entities that may be mistakenly viewed as licensed or approved.
  • Payment Services Act: Singapore’s licensing framework that requires payment and crypto service providers to be authorized before serving local users.
  • Geoblocks: Restricts access to an online service based on a user’s location, such as by blocking IP addresses.