Singapore Custodial Wallet – Compliant Development
Launch a custodial wallet in Singapore with compliance controls mapped to MAS and MAS PSA. Block Intelligence builds production software; independent counsel handles licensing.
Compliance scope
Singapore · Custodial Wallet
MAS licenses Digital Payment Token services under the Payment Services Act. Licensing is selective and risk-based.
| Jurisdiction | Singapore |
|---|---|
| Regulator | MAS |
| Product | Custodial Wallet |
Software
Built-in compliance controls
- Custodial key management with HSM or secure enclave options
- Multi-chain deposits, withdrawals, and balance reconciliation
- Transaction monitoring and velocity limits
- Account recovery flows with identity re-verification
- Compliance reporting and user activity audit trails
- KYC verification processes for wallet users
- AML monitoring tools for transaction oversight
- Secure key management for user assets
Block Intelligence provides technology development and compliance-oriented software architecture. We are not a law firm. Licensing and regulatory advice is provided by independent legal partners in each jurisdiction. Information is current as of 2026-03-01 and subject to change.
FAQ
Frequently asked questions
- What compliance measures are implemented in the custodial wallet?
- The custodial wallet includes KYC/AML compliance, transaction monitoring, and secure storage solutions.
- Is the custodial wallet software customizable?
- Yes, our custodial wallet solutions can be customized to meet your specific compliance and operational needs.
- How does Block Intelligence support custodial wallet compliance?
- We embed compliance controls directly into the wallet software, ensuring adherence to MAS regulations.