🚨 Regulatory Update: What’s Next for
$MIND 🚨
Following new MAS regulations, Singapore-based companies must obtain a license to continue offering overseas digital token services beyond 30 June 2025.
𝗠𝗼𝗿𝗽𝗵𝗲𝘂𝘀 𝗟𝗮𝗯𝘀’ 𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗲
As a Web3 tech platform, Morpheus Labs remains fully operational. We’re aligning with MAS requirements, exploring licensing options, and implementing structural adjustments to ensure long-term compliance and continuity.
$MIND 𝗘𝗻𝘁𝗲𝗿𝘀 𝗖𝗼𝗺𝗺𝘂𝗻𝗶𝘁𝘆 𝗚𝗼𝘃𝗲𝗿𝗻𝗮𝗻𝗰𝗲
𝙏𝙤 𝙨𝙪𝙥𝙥𝙤𝙧𝙩 𝙙𝙚𝙘𝙚𝙣𝙩𝙧𝙖𝙡𝙞𝙯𝙖𝙩𝙞𝙤𝙣:
- All
$MIND tokens held by Morpheus Labs will be unlocked and moved to a neutral custodian
- 100M
$MIND will be allocated to the DAO treasury to support ongoing ecosystem growth (product development, marketing, and more)
📌 Community members can refer to the DAO Guide for details on submitting proposals and participating in treasury decisions.
👥 While the core team steps back from
$MIND governance, they remain fully committed to leading Morpheus Labs’ product and platform innovation.
📖 Read the full announcement on Medium:
👉
medium.com/@morpheuslabs_io/…
Let’s keep building — together.
— Team Morpheus Labs