Per Woofun AI, crypto trading platform Bybit has acknowledged its inclusion on the Monetary Authority of Singapore (MAS) Investor Alert List and is actively engaging with regulators to clarify the basis for this designation.

The exchange emphasized its ongoing constructive communication with the MAS, noting that it has consistently implemented measures to prevent Singapore-based users from accessing its services. These measures include explicit restrictions in its Terms of Service and the deployment of IP address geo-blocking for Singapore. Bybit confirmed it currently does not provide services to users in the region and pledged continued cooperation with global regulatory bodies, with further updates to be released as developments occur.