Bybit Added to MAS Investor Alert List, No License

Singapore's financial regulator added Bybit Fintech Limited to its Investor Alert List on June 17. The Monetary Authority of Singapore said the exchange does not hold a license to provide regulated services. The listing is a public warning, not a ban or enforcement action.

MAS maintains the alert list to help the public spot entities that might appear authorized but are not. The regulator said the list is “not exhaustive” and reflects information available at the time of publication. It directs users to its official Financial Institutions Directory to verify licensing status.

The move puts Bybit on the same list where Binance appeared in 2021. Bybit already restricts Singapore users under its terms of service and geo-blocks IP addresses from the country. MAS included it anyway to address perception and accessibility concerns, the regulator said.

Users of unregulated platforms do not receive the protections that licensed firms offer, MAS stated. Those protections include dispute resolution and regulatory oversight. The regulator encourages users to check a platform’s status before trading.

The listing arrived after Bybit made progress in other markets. Malaysian authorities removed the exchange from an alert list in April 2026 following regulatory engagement. Bybit continues to operate globally, offering token listings and Proof-of-Reserves reporting in jurisdictions where it holds permissions.

Bybit had not issued a public statement about the MAS listing as of June 17. The entry remains publicly available on the regulator’s website.