Behind the new encryption policy in Po County | Singapore welcomes Web3, but only players who are truly capable and follow the rules are welcome On May 30, 2025, the Monetary Authority of Singapore (MAS) dropped a bombshell by officially releasing its final policy guidelines on Digital Token Service Providers (DTSP). The document stipulates that all encryption service providers registered or operating in Singapore, without obtaining a DTSP license, must cease providing services to overseas customers before June 30, 2025 In just one sentence, what shocked was not only the Web3 community, but also the entire Southeast Asian digital finance ecosystem. Why has MAS suddenly become 'zero tolerance'? Singapore has always been known for its friendly regulation, why is this time it like closing doors and fighting dogs? Behind this regulatory storm, there are actually echoes of history, geopolitical games, warnings of data, and opportunities for the future. For entrepreneurs, this is a watershed moment; For investors, this is a risk hedging opportunity; For the entire industry, this may be a decisive step towards "compliance and institutionalization" of the Web3 industry in the Asia Pacific region. In the future, having a Singapore DTSP license will be very valuable. The "strong regulation" of MAS this time may seem like a thunderous tactic, but it is actually a quietly completed system upgrade. It's not about closing the door, but setting a threshold; Not to suppress the industry, but to stabilize the track. Singapore has not given up on Web3, it is just telling everyone that only truly capable and disciplined players deserve to stay here. This is like a city hosting an international feast, with tables, chairs, and utensils already set up. The next step is not to invite everyone to enter, but to start verifying invitations, checking clothing, and even requiring guests to bring compliance certificates. For entrepreneurs, this is undoubtedly a watershed. Some projects may be forced to relocate, transform, or even disappear in the short term. But precisely because of this, teams that truly have faith, technology, and compliance awareness will instead stand firm in the chaos and become the protagonists of a new round of industrial rise. For investors, this is an upgrade of the risk defense line. Previously, we were competing for vision, but now we are comparing who can see the regulatory rhythm and bet on assets that can survive in the long run in advance. The value of DTSP license may even become a direct premium point for the valuation of certain projects. For the entire Web3 industry, this may mark the beginning of a new era. Asia is moving from a 'regulatory vacuum' to a 'fine tuned rules', where institutional players can finally enter safely, and retail investors can also have more protection. A financial revolution centered on "compliance" is quietly unfolding on the island of Singapore. In the future, if you hold a DTSP license issued by MAS, it may no longer be just a metal certification, but a "Web3 golden visa" on the global financial map. It may not skyrocket like Bitcoin, but it represents scarcity, trust, and the future!