Top Singapore 🇸🇬 Bitcoin online Casinos in Dec 2024

Bonus amount is non-cashable and will be removed from the amount of your withdrawal request. You must play all spins before switching games. Free spins have 5x additional wagering requirements and no added restrictions on withdrawal. Unless noted, standard rules apply.

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All Bitcoin Casinos in Singapore

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About Singapore:

Singapore, officially the Republic of Singapore, is a sovereign city-state and island country in Southeast Asia. It lies one degree north of the equator, at the southern tip of the Malay Peninsula, with Indonesia’s Riau Islands to the south and Peninsular Malaysia to the north. Singapore’s territory consists of one main island along with 62 other islets. Since independence, extensive land reclamation has increased its total size by 23% . The country is known for its transition from third world to first world in a single generation, under the leadership of its founding father, Lee Kuan Yew.Stamford Raffles founded colonial Singapore in 1819 as a trading post of the British East India Company.

Country	Singapore ??
Country Code	sg
Currency	Singapore dollar, SGD
Region	Asia
Population	4492150
Area, sq. mi.	693
Phones per 1000

Bitcoin Gambling & Legislation in Singapore

Curious if you are allowed to play Bitcoin Casinos in Singapore legal? Learn more here.

Is Bitcoin Legal in Singapore?

Legal

In December 2013, the Monetary Authority of Singapore reportedly stated that "[w]hether or not businesses accept bitcoins in exchange for their goods and services is a commercial decision in which MAS does not intervene."

On 22 September 2013, the Monetary Authority of Singapore (MAS) warned users of the risks associated with using bitcoin stating "If bitcoin ceases to operate, there may not be an identifiable party responsible for refunding their monies or for them to seek recourse" and in December 2013 stated "Whether or not businesses accept Bitcoins in exchange for their goods and services is a commercial decision in which MAS does not intervene" In January 2014, the Inland Revenue Authority of Singapore issued a series of tax guidelines according to which bitcoin transactions may be treated as a barter exchange if it is used as a payment method for real goods and services. Businesses that deal with bitcoin currency exchanges will be taxed based on their bitcoin sales.

In April 2019, the MAS referred to bitcoin as a digital payment token for purposes of the Payment Services Act.