DTSP License: What It Is and Why It Matters for Crypto Users
When people talk about DTSP license, a type of digital asset service provider license issued by certain jurisdictions to regulate crypto businesses. It's not a global standard, but in places like the U.S., it can be the difference between a crypto exchange operating legally or being shut down. If you're in a sanctioned country or trying to bypass financial restrictions, understanding this license helps explain why some platforms work while others vanish overnight.
The DTSP license, a type of digital asset service provider license issued by certain jurisdictions to regulate crypto businesses. It's not a global standard, but in places like the U.S., it can be the difference between a crypto exchange operating legally or being shut down. is closely tied to OFAC sanctions, U.S. government restrictions that block financial transactions with certain countries and entities. It's also linked to stablecoins, digital tokens pegged to real-world currencies like the U.S. dollar or euro to reduce volatility. Many users in banned regions rely on DAI or EURt because they’re easier to move across borders than Bitcoin—especially when the platform behind them holds a DTSP license and follows compliance rules. Without that license, even a technically sound exchange can be blocked by banks, payment processors, or regulators.
Think of the DTSP license like a passport for crypto companies. If they don’t have it in a jurisdiction that matters, they can’t legally connect to traditional finance. That’s why platforms like Coinext in Brazil or exchanges serving users in China have to build workarounds—because they can’t get the license, or the government won’t allow it. Meanwhile, users in sanctioned countries use peer-to-peer trading and decentralized tools to stay active. The DTSP license doesn’t stop them, but it shapes the landscape they operate in.
What you’ll find below are real stories from people navigating this system: how they trade crypto under bans, why stablecoins like EURt matter more than Bitcoin in some regions, and how platforms get shut down when they skip compliance. These aren’t theory pieces—they’re reports from the ground, showing exactly how regulation, technology, and human behavior collide in today’s crypto world.
Monetary Authority of Singapore Crypto Oversight: Strict Rules, Few Licenses, No Grace Period
By Robert Stukes On 16 Nov, 2025 Comments (15)
Singapore's MAS has drastically tightened crypto oversight, banning most new licenses and enforcing strict AML, Travel Rule, and consumer protection rules. Only elite firms with local compliance teams can operate.
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