币界网报道：According to the news from Bijie.com, on July 1 (UTC+8), Singapore’s new regulatory provisions for digital payment token (DPT) services officially came into effect recently. According to the revised Payment Services Act (PS Act), companies that provide digital token custody, transfer and cross-border payment services must obtain a license issued by the Monetary Authority of Singapore (MAS). The new regulations also require these companies to comply with anti-money laundering and anti-terrorist financing obligations. The Monetary Authority of Singapore said it will continue to take a "gradual and prudent" approach to seek a balance between promoting digital asset innovation, strengthening user protection and maintaining financial stability. The move shows that as global rules become stricter, Singapore is promoting stricter "substance-based" regulation and continues to consolidate its position as Asia's major crypto hub.