Singapore recently issued stringent policies that may eliminate most unlicensed blockchain institutions. According to statistics from PANEWS charts, the Monetary Authority of Singapore has issued 33 "Digital Payment Token Services (DPT)" Major Payment Institution licenses, covering four major sectors: exchanges/wallets, custody and compliance infrastructure, payment acquiring, and banking/brokerage. Notable names such as Coinbase, Circle, Anchorage, DBS Vickers, FOMO Pay, Cryptocom, Wintermute, GSR, and Paxos are all included.