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Per Woofun AI, Bybit has initiated direct communication with the Monetary Authority of Singapore (MAS) to clarify the specific rationale behind its inclusion on the regulator's investor warning list. The exchange emphasized its longstanding commitment to open dialogue with the authority while highlighting proactive compliance measures already in place.
Bybit disclosed that it strictly prohibits service provision to Singaporean residents, enforcing this policy through explicit clauses in its Terms of Service and technical geofiltering of local IP addresses. The platform maintains that these continuous efforts demonstrate its adherence to regulatory boundaries despite the recent listing.