Singapore's MAS revokes Sir Money Changer's major payment licence
- —Licence revoked under the Payment Services Act 2019
- —Cross-border remittance and money-changing must stop from 15 September 2026
- —MAS cited third-party use of the licence and false information
Why it matters: Reinforces that Asian regulators will not tolerate licence sharing or weak oversight by payment firms.
Source: ChainCatcher 链捕手