Sui in Singapore: Buying SUI, MAS Rules and Basecamp 2026

Singapore is where the Sui ecosystem meets once a year: Sui Basecamp 2026 ran on 7–8 October 2026 at Marina Bay Sands, alongside TOKEN2049. Singapore residents can buy SUI through exchanges licensed by the Monetary Authority of Singapore (MAS), including Coinbase Singapore, OKX SG, Gemini and Crypto.com, and can then hold it in a Sui wallet to use on-chain.

This guide covers Sui's presence in Singapore, which MAS-licensed platforms list SUI (and which do not), where the rules stand in October 2026, the tax baseline, and how a Singapore user gets from an exchange account to Sui DeFi. If you are new to the network, start with what Sui is.

Sui's footprint in Singapore

Singapore matters to Sui mainly as a meeting point. The Sui Foundation chose Marina Bay Sands for Basecamp 2026, its flagship annual gathering, and timed it with TOKEN2049 week so that builders, funds and exchanges already in town could attend both. Mysten Labs, the original contributor to Sui, sent co-founders Adeniyi Abiodun and Kostas Chalkias to speak, according to the Sui Foundation's event post.

The biggest technical headline came from that stage. On 7 October 2026, Sui reported 40,614,180 transactions per second in a live test run through Sui tunnels, which are offchain channels that settle back to mainnet, with CertiK reviewing the result. This is throughput via offchain tunnels, not the base layer's own capacity, and the previous tunnel record was 6,086,766 TPS on 4 July 2026.

Beyond the event, the local footprint is harder to pin down. We could not find an official source confirming a Mysten Labs office or a Sui Foundation headquarters in Singapore, so we do not claim one. Some Sui teams have Singapore links: Scallop, a Sui lending protocol, announced its 2024 funding round from a Singapore-datelined release that listed UOB Venture Management among its investors. A dateline shows where a release was issued, not where a team is incorporated, so treat it as a link rather than a headquarters.

For context on scale, the Sui network held about US$485 million in DeFi total value locked as of 18 October 2026, per DefiLlama. Our guide to the best DeFi platforms on Sui maps the main apps.

Where to buy SUI in Singapore

Singapore residents should use a platform that MAS has licensed to provide digital payment token (DPT) services. MAS publishes these firms in its Financial Institutions Directory, which on 18 October 2026 returned 38 Major Payment Institution results for DPT services. Being licensed does not mean a platform lists SUI, so we checked each platform's own pages too.

Listings change, so check the asset page inside the app before you deposit Singapore dollars. Exchange product menus also differ by country: a token that appears on a global site may not be available to a Singapore account, and some products, such as staking, are restricted for retail customers (see below).

Two practical points. First, avoid offshore exchanges that are not licensed in Singapore; MAS keeps an Investor Alert List of unregulated entities that may have been wrongly perceived as MAS-regulated. Second, if you plan to use Sui DeFi, check that the exchange supports SUI withdrawals on the Sui network, not just trading.

Crypto regulation in Singapore (as of October 2026)

Singapore regulates crypto service providers in layers. Here is where each piece stands on 18 October 2026.

Payment Services Act: DPT licensing

Firms that buy, sell or exchange digital payment tokens such as SUI for Singapore customers need a licence under the Payment Services Act 2019, in force since 28 January 2020. Larger operators hold a Major Payment Institution licence, which is what the table above checks. Licensed firms must follow MAS anti-money-laundering rules, including the Travel Rule under Notice PSN02: customer details travel with transfers, with fuller details required at or above S$1,500, as Gemini's Singapore guide summarises. When you withdraw to your own wallet, expect to prove you control it, for example through a signature or a small test transfer. Our Travel Rule explainer covers how this works across countries.

Before any of this, exchanges verify your identity. Licensed platforms run KYC checks, often through providers such as iDenfy, comparing your NRIC or passport with a selfie before they allow deposits or withdrawals.

Retail consumer protection

MAS has tightened rules for retail customers in stages. On 3 July 2023 it announced that DPT providers must hold customer assets in a statutory trust and would be restricted from facilitating lending and staking of retail customers' tokens. Its revised consumer protection guidelines (PS-G03) added consumer access and business conduct measures that took effect on 19 June 2025, according to WongPartnership and Rahmat Lim & Partners: a risk awareness assessment for retail customers, no incentives for trading or referrals, no credit or leverage for retail customers, and no locally issued credit card payments.

In practice, this is why a Singapore exchange account may not offer SUI staking even if the same brand offers it elsewhere.

FSMA: the DTSP regime for offshore-only firms

Since 30 June 2025, Part 9 of the Financial Services and Markets Act 2022 has required a licence for Singapore-based firms that provide digital token services only to customers outside Singapore. MAS said it would generally not grant these licences and expected affected firms to stop, with no transition period, according to CMS and Allen & Gledhill. For residents, the effect is that a "Singapore-based" exchange serving only foreigners is no longer a loophole: if a platform is not in the MAS directory, treat it as unlicensed.

Stablecoins

Singapore's single-currency stablecoin framework, finalised in 2023, is still moving into law. On 1 September 2026 MAS opened a consultation on amending the Payment Services Act for stablecoins, which closed on 16 October 2026. The draft creates "MAS-regulated" and "MAS-recognised" stablecoin labels and would bar licensed issuers from paying interest to holders, per Gibson Dunn. No enactment date has been set. Stablecoins outside the label remain lawful and are treated as DPTs.

DeFi

Singapore's licensing regimes target service providers, not individuals using a self-custody wallet. There is no specific licence or ban for a resident who interacts with a decentralised protocol, but that does not mean DeFi is covered by MAS protections: if a protocol fails, there is no licensed intermediary to pursue. Check the rules that apply to you before using any DeFi product. For how Singapore compares with Hong Kong, Dubai and the EU, see our licence jurisdictions comparison and Hong Kong VATP guide.

Tax basics for SUI in Singapore

Singapore has no capital gains tax. The Inland Revenue Authority of Singapore (IRAS) says in its e-Tax Guide on digital tokens (revised 9 October 2020) that gains from holding tokens as a long-term investment are capital in nature and not taxable. Gains from trading tokens as a business are revenue in nature and taxable, judged by the "badges of trade", such as how often you trade and why.

On the consumption side, IRAS treats the exchange of digital payment tokens as exempt from GST since 1 January 2020. Staking rewards and DeFi income are less clear-cut, and their treatment can depend on your circumstances. If you trade often or earn on-chain income, take advice from a Singapore tax professional.

Events and community

The calendar is where Singapore stands out. Every October, TOKEN2049 fills Marina Bay Sands and the side events around it, and in 2026 Sui Basecamp ran on the same two days. The Sui Foundation framed this year's edition around the "agentic economy": AI agents that pay and settle on-chain, private transactions, stablecoins and post-quantum security. Sponsors included Walrus, EVE Frontier, the Slush wallet and Scallop.

Several announcements landed that week. On 8 October, Samsung said Samsung Wallet will support USDC on Sui for 82 million US Galaxy devices; it is US first and USDC only, so the SUI token is not supported and Singapore users are not included yet. The same day, Hashi, a native-Bitcoin finance layer on Sui, announced a phased mainnet rollout from late October 2026 with more than US$500 million in committed capital and Anchorage Digital joining its coalition.

We cover the week in more depth elsewhere: our Sui Basecamp 2026 recap walks through the Sui-specific sessions and launches, and our TOKEN2049 Singapore 2026 recap covers the wider conference.

Using Sui DeFi from Singapore

Once you hold SUI on a licensed exchange, the route to Sui DeFi is short:

1. Set up a Sui wallet. Slush and other Sui-native wallets are covered in our best Sui wallets guide. Note that Phantom ended Sui support on 24 September 2026, so pick a wallet that still supports the network.
2. Withdraw SUI on the Sui network. Whitelist and verify your wallet address as your exchange asks under the Travel Rule, and send a small test amount first.
3. Stake or put it to work. Because Singapore exchanges are restricted from offering retail staking, you can stake on-chain yourself instead. Our complete guide to staking SUI covers native staking, and our liquid staking comparison covers the alternatives.

On JewelSwap, you can mint JWLSUI, a liquid staking token, and stake it for SJWLSUI, which accrues staking rewards while JWLSUI stays usable elsewhere. JewelSwap also runs auto-compounded farms on Scallop, Cetus and Turbos. JewelSwap Labs hosts public betas such as Ember Loop and NAVI Loop, which are new, unaudited contracts with small caps (Ember Loop is not available to US or UK residents).

Every DeFi position carries smart contract, liquidity and price risk, and none of it is covered by MAS consumer protections. Make sure your use is permitted where you live and only commit what you can afford to lose. For the wider landscape, compare Sui DEXs and Sui lending protocols.

Frequently asked questions

Can I buy SUI in Singapore?

Yes. As of 18 October 2026, MAS-licensed platforms including Coinbase Singapore and OKX SG show SUI markets, and Gemini and Crypto.com also offer SUI; confirm availability in the app for your Singapore account. Upbit Singapore and Independent Reserve did not list SUI when we checked.

Is crypto legal in Singapore?

Yes. Buying and holding digital payment tokens is legal, and firms that provide DPT services to Singapore customers must be licensed by MAS under the Payment Services Act 2019. Check the MAS Financial Institutions Directory before you open an account.

Can Singapore exchanges offer SUI staking to retail customers?

Generally not. MAS announced on 3 July 2023 that DPT service providers would be restricted from facilitating lending and staking for retail customers, so Singapore users who want staking rewards typically stake SUI on-chain from their own wallet.

Do I pay tax on SUI gains in Singapore?

Singapore has no capital gains tax, and IRAS treats gains on tokens held as long-term investments as capital and not taxable. Gains from trading as a business are taxable income, judged by the badges of trade. Take professional advice for your own situation.

When was Sui Basecamp 2026 held?

Sui Basecamp 2026 took place on 7–8 October 2026 at Marina Bay Sands in Singapore, alongside TOKEN2049, with the theme of the agentic economy.

Keep reading

• The best DeFi platforms on Sui in 2026
• What is Sui?
• Sui Basecamp 2026 recap
• Sui in Greater China
• Sui in South Korea
• How to stake SUI: complete guide

This article is educational and is not financial, legal or tax advice. Exchange listings, licence status, regulatory stages and figures are as of 18 October 2026, taken from MAS, IRAS, the Sui Foundation, exchange pages, DefiLlama and law-firm summaries, and they can change. Sources are linked throughout.