Singapore, once hailed as Asia's crypto haven, is tightening its grip on Web3 with the upcoming Digital Token Service Provider (DTSP) framework. As a blockchain developer who's watched Singapore evolve from a regulatory sandbox to a compliance fortress, I break down what these changes mean for crypto businesses. From the death of 'shell companies' to MAS's new enforcement teeth, we'll explore who stays, who leaves – and whether this marks the end of crypto's wild east era in Asia.