Best Crypto to Buy Now as Singapore Bars Foreign-Only Digital Token Services

Singapore’s central bank has tightened the screws on offshore token providers, barring crypto firms that serve only foreign customers unless they secure a license that will “generally not” be granted. This shift, slated to take effect on June 30, forces any digital token service targeting overseas clients into a high-bar licensing regime. 

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Why does it matter? By drawing a clear line around who can and cannot operate from this major financial hub, Singapore is setting a new compliance precedent for global crypto markets. Investors should note that such regulatory rigor can redefine market access and liquidity. With mounting scrutiny on cross-border token flows, it’s time to consider which best crypto to buy now offers strength amid tightening rules.

Singapore Cracks Down on Offshore Crypto Providers with New Licensing Requirements

The Monetary Authority of Singapore (MAS) has clarified its Digital Token Service Providers framework, announcing that starting June 30, any firm offering digital payment tokens or capital-market tokens exclusively to non-Singapore customers must hold a license.

In its June 6 statement, MAS warned that licenses for foreign-only operations will be granted “only in extremely limited circumstances,” citing significant challenges in supervising offshore entities and heightened money-laundering risks.

Firms failing to obtain authorization must cease regulated activity, a requirement that has already spurred moves such as Singapore-based WazirX’s decision to relocate its India-focused services to Panama.

Legal experts echoed MAS’s stance, noting in industry commentary that AML and counter-terror financing concerns underpin the regulator’s high bar for approval. Importantly, the new rules do not extend to services related to pure utility or governance tokens, which remain outside the licensing regime.

This development follows surveys showing 94 percent of Singapore residents recognize at least one digital asset, underlining how widespread crypto familiarity now faces a tougher compliance landscape. In a nutshell, Singapore is doubling down on onshore control while drawing a firm boundary around offshore token operations.

Best Crypto to Buy Now

As Singapore’s clampdown highlights the rising tide of regulatory oversight, investors must pivot toward assets built for resilience and compliance. Market leaders with established on-chain legitimacy and transparent governance are better positioned to weather renewed scrutiny than offshore challengers. With rules tightening around borderless token services, here are the best cryptos to buy now that combine enduring security and growth potential.

Snorter

Born for stability in shifting rules, Snorter’s focus on streamlined staking and low-volatility yield could attract compliance-minded investors. As regulators draw clear boundaries, Snorter’s on-chain transparency positions it as a steady pick.

Snorter is a Telegram-based trading bot designed for Solana tokens, simplifying the process of finding new launches, verifying contract safety, and executing efficient trades. It’s built for traders overwhelmed by the chaos of DEXs, offering speed, smart functionality, and ease of use.

At the heart of Snorter is a self-reward model that lets users earn tokens through daily interactions, from sharing memes to voting. This engagement-driven approach powers gradual token deflation and increases value for active community members.

Security is a top priority for the Snorter Bot Token, offering real-time blacklist scanning to help traders avoid scams like ‘rug pulls’ or ‘honeypots.’ The Telegram dashboard also provides real-time portfolio tracking and trade control.

Copy-trading is another exciting feature, allowing users to automatically mirror top-performing wallets while maintaining control over trade sizes. Advanced features like these will soon expand Snorter’s appeal to a wider range of traders.

99Bitcoins, a respected crypto influencer, sees Snorter as having the potential for a 10x return.

The SNORT token fuels the platform, unlocking discounted fees and future governance rights. Once fully activated, token holders will have a say in key decisions, including bot fees and blockchain integrations.

Bitcoin Hyper

Built on a supercharged Bitcoin protocol for faster confirmations, Bitcoin Hyper thrives when market friction spikes. Its blend of tried-and-true BTC fundamentals with next-gen speed makes it an appealing option under tighter oversight.

Bitcoin Hyper ($HYPER), a new Layer 2 blockchain for Bitcoin, has raised over $500K in its presale. The project aims to tackle Bitcoin’s speed and fee issues using roll-up technology while ensuring cross-chain compatibility with Solana and Ethereum.

The Bitcoin Hyper Layer 2 is a major step forward, addressing Bitcoin’s scalability and transaction constraints. It overcomes slow speeds and high costs while introducing smart contract support, a first for the network.

In contrast to many hyped projects, Bitcoin Hyper’s presale avoids artificial scarcity. There are no countdowns or limited bonuses, offering a steady pricing structure that allows investors to make informed, thoughtful decisions.

The project follows a balanced allocation model, with 30% of the supply dedicated to development, 25% for treasury operations, and 20% for marketing. Exchange listings will receive 10%, while 15% is reserved for community rewards.

A standout feature is the community rewards program, offering 2,500% annual staking returns. At current rates, staking 1,000 HYPER tokens would yield about 68 tokens daily, with predictable returns driven by a mathematical formula.

SUBBD

SUBBD bridges legacy finance and crypto with borderless settlements, a strength now spotlighted by Singapore’s new rules. Its cross-chain interoperability could keep capital flowing even as jurisdictions tighten licensing.

According to Patreon’s latest State of Create report, 53% of creators feel it’s harder to connect with fans than five years ago. This shift is driven by algorithm-based platforms that limit genuine interaction, with 78% of creators saying the algorithm impacts their creative choices, often reducing fulfillment.

Currently in its presale phase, SUBBD has already raised over $615,000. The platform offers a suite of intelligent tools designed to streamline workflows and assist creators with everything from smart chat responses to video editing and optimized monetization strategies.

Key features of SUBBD include voice cloning, AI-generated video content, branded content bots, and profile automation. These tools simplify the creation process while allowing creators to maintain full control over their work, reducing reliance on traditional platforms.

Bitcoin

The original crypto remains the benchmark for regulatory acceptance and institutional backing. As authorities worldwide codify rules, Bitcoin’s deep liquidity and widespread recognition make it the go-to asset for risk-aware investors.

Robert Kiyosaki, the author of Rich Dad Poor Dad, recently took to Twitter to praise Bitcoin and other “real assets” while criticizing fiat currencies. He forecasts Bitcoin could surge to $1 million per coin within the next decade.

Moreover, JPMorgan Chase is making headlines with its decision to offer financing using spot bitcoin exchange-traded funds (ETFs) like BlackRock’s iShares Bitcoin Trust as collateral. This move signals broader acceptance of crypto in traditional finance.

The decision, which impacts both retail and institutional clients, highlights JPMorgan’s shift toward embracing regulated crypto assets. It reflects the bank’s recognition of digital currencies as a mainstream financial tool.

The Bitcoin price is currently hovering around $105k, with a market cap above $2 trillion. Over the past week, the price held firm in a tight range between roughly $104k and $107k before suddenly plunging to just above $100,000, where buyers quickly stepped back in.

That sharp drop sparked a swift recovery, driving the price back toward $105,000 and the BTC price is now back above both the 200 and 100 EMA on the four-hour chart, showing clear strength.

As the BTC boom continues, more companies are following the trend. Currently, 80 companies have adopted the “Bitcoin standard,” owning about 3.4% of the total BTC supply, according to Bernstein Research. This growing corporate interest further legitimizes Bitcoin as a serious financial asset.

Conclusion

Singapore’s near-ban on foreign-only token services marks a turning point in global crypto regulation, underscoring the need for transparent, on-shore compliance. By insisting that offsite operations obtain rare licenses or exit, MAS has signaled that mature markets will demand higher governance standards.

For investors, this means prioritizing assets with established legal frameworks, robust networks, and clear use cases. Whether investors lean toward regulated staking with Snorter, high-speed settlements via Bitcoin Hyper, cross-border strength with SUBBD, or the rock-solid stature of Bitcoin, aligning with compliant tokens is key. Keep your portfolio anchored and focused on the best crypto to buy now.

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Nikolay Kolev

Nikolay is a crypto enthusiast, with a keen interest in emerging technologies and investment strategies. He holds active positions across various crypto exchanges, regularly analyzing and investing in promising new projects and meme cryptos. Nikolay is known for his ability to take calculated risks and extract value from unconventional investments, with his highest return being 13X with the $PEPE token. His investment philosophy includes a strategic approach focused on long-term growth, supported by in-depth research of market trends and innovations in crypto and blockchain technologies. Niki actively monitors global market changes and has a deep understanding of cryptocurrency mechanisms and their potential for development.