Bybit Lands on MAS Alert List as New Questions Suddenly Emerge

TLDR

• Singapore’s MAS added Bybit Fintech Limited and the Bybit platform to its Investor Alert List on June 17, 2026.
• MAS said Bybit is not licensed or regulated to provide services accessible to users in Singapore.
• The Investor Alert List serves as a public warning and does not represent a ban, enforcement action, or scam designation.
• Bybit already restricts Singapore users and geo-blocks local IP addresses under its compliance policies.
• MAS advised users to verify regulated entities through its Financial Institutions Directory before using crypto platforms.

Singapore’s financial regulator has added Bybit Fintech Limited and its Bybit platform to the Investor Alert List. The update appeared on June 17, 2026, and clarified that Bybit does not hold a license from the Monetary Authority of Singapore (MAS). The regulator also stated that the listing serves as a public warning and does not represent a ban or enforcement action.

MAS Clarifies Bybit’s Regulatory Status in Singapore

MAS added Bybit to its Investor Alert List on June 17. The regulator uses the list to identify entities that may appear licensed or authorized. It also stated that the list helps the public distinguish regulated firms from unlicensed operators.

According to MAS, the Investor Alert List is “not exhaustive” and reflects available information at publication. The entry includes Bybit Fintech Limited and the exchange’s primary website. MAS also explained that the list does not classify firms as scams or prohibit their operations.

The move places Bybit alongside other crypto platforms previously listed by MAS. Binance joined the same list in 2021 under similar circumstances. MAS continues to direct users toward its official Financial Institutions Directory for licensing verification.

Singapore requires digital payment token providers to comply with the Payment Services Act. Firms must obtain the required approvals before offering regulated services locally. MAS therefore maintains public records of entities that hold relevant licenses.

What Bybit Users Need to Know Following the Alert

Bybit ranks among the largest cryptocurrency exchanges by trading volume. The exchange was founded by Singaporean entrepreneur Ben Zhou and now operates from several jurisdictions. Its global business continues without any reported service interruption following the MAS update.

The platform already restricts Singapore users under its terms of service. It also geo-blocks Singapore IP addresses as part of its compliance framework. However, MAS included the exchange on the alert list to address possible perception and accessibility concerns.

MAS stated that users of unregulated platforms do not receive protections available under licensed entities. These protections can include dispute resolution mechanisms and regulatory oversight requirements. The regulator therefore encourages users to confirm a platform’s status before using its services.

The listing arrived after Bybit recorded progress in other markets. Malaysian authorities removed the exchange from an alert list in April 2026 following regulatory engagement. Meanwhile, Bybit has continued operating globally and maintains services such as token listings and Proof-of-Reserves reporting.

Bybit had not issued a public statement regarding the MAS listing as of June 17. The exchange continues to provide services in jurisdictions where it holds relevant permissions. MAS records currently show Bybit on the Investor Alert List, and the entry remains publicly available on the regulator’s website.

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