Singapore MAS Adds Bybit Fintech Limited To Investor Alert List Without Specific Reason

Singapore’s Monetary Authority of Singapore added Bybit Fintech Limited and Bybit to its Investor Alert List on June 17, placing the crypto exchange on a public registry used to warn consumers about entities that may be wrongly perceived as licensed or regulated by MAS.

“Singapore’s central bank has added Bybit to its Investor Alert List [IAL]”

AMBCrypto

MAS did not provide a specific reason for the inclusion, and the regulator said the list identifies entities and investment offers that may create the false impression of being licensed, authorized, regulated or registered by the authority.

AMBCrypto

The addition matters because Singapore’s Investor Alert List is designed to reduce confusion around firms that may appear to operate with regulatory approval when they do not, and it does not constitute a ban or an enforcement action by itself.

FinanceFeeds reported that Bybit is not licensed or regulated by MAS based on publicly available information, while Cointelegraph said MAS did not provide a specific reason for Bybit’s inclusion and noted that Cointelegraph reached out to a Bybit spokesperson for comment without a response by publication time.

MAS framed the Investor Alert List as a consumer warning rather than a finding of wrongdoing, saying inclusion does not automatically mean an entity has violated Singapore law and that the list serves as a warning for investors to verify regulatory status before engaging with firms.

Crypto Briefing described the designation as telling Singaporean investors in official government language that Bybit may be falsely presenting itself as licensed or regulated by MAS, while AMBCrypto said the regulator warned residents not to assume the exchange is licensed or regulated by MAS solely because it is present or accessible in the city-state.

Cointelegraph

Cointelegraph added that Bybit Fintech Limited and Bybit appeared on the MAS alert list on Wednesday, and it reported that Singapore is listed among Bybit’s “Service Restricted Countries,” meaning users in the jurisdiction are not permitted to access its services.

FinanceFeeds similarly said being placed on the alert list does not by itself amount to an enforcement action, but it can affect market perception, user trust, banking relationships, and institutional due diligence around an exchange.

The Bybit alert landed as MAS has taken other actions in Singapore’s crypto sector, including revoking the Major Payment Institution license of crypto liquidity provider Bsquared Technology in May after identifying serious regulatory breaches and weaknesses in risk management and conflict-of-interest policies.

“The UK government is preparing further restrictions involving virtual private networks as it builds the enforcement system behind its incoming social media ban for children under 16”

Crypto Adventure

FinanceFeeds said MAS also charged that Bsquared Technology provided false or misleading information on multiple occasions, from its initial license application through a later inspection, and it pointed to the regulator’s willingness to move beyond warnings when licensed firms fail to meet compliance standards.

Cointelegraph connected MAS’s approach to other enforcement activity, saying Singapore police charged former Hodlnaut CEO Zhu Juntao in May with six counts of fraud for allegedly misleading customers about the crypto lender’s exposure to the 2022 Terra ecosystem collapse.

In the same compliance context, FinanceFeeds said the Bybit listing reinforces a wider shift in crypto market structure where jurisdiction-by-jurisdiction regulatory status is becoming a central factor for banks, institutional clients, market makers, and retail users, while Crypto Briefing noted that KuCoin was added on February 11, 2026 and Binance has been on the list since September 2021.