Regulatory Landscape and Compliance at LionOTC

LionOTC is headquartered in Singapore, one of the leading financial hubs with progressive regulatory frameworks for fintech and cryptocurrency businesses. We operate under the purview of the Monetary Authority of Singapore (MAS).

PSA Exemption

LionOTC PTE LTD is on the list of entities that have notified MAS under the Payment Services. This means we are currently exempted from holding a license under the Payment Services Act 2019, but we still maintain the operational standards as required. You can verify our status by visiting the official MAS website here and searching for our full entity name, “LIONOTC PTE LTD”.

Adherence to the Payment Services Act 2019

Although we hold an exemption, LionOTC is committed to adhering to the standards set out by the Payment Services Act 2019. You can dive deeper into the intricacies of the Payment Services Act 2019 here.

Commitment to Compliance

Our position in the MAS PSA Exemption list is not an indication of laxity in operations. Instead, it showcases our commitment to adhering to local regulations while offering our clients the best services. We continuously monitor updates from MAS and adapt our operations to remain compliant. Our clients can rest assured knowing that they are engaging with a platform that places regulatory compliance at the forefront of its operations.