Coinbase was one of the earliest exchanges that I used back in 2018, and I have fond memories of using it to purchase ETH. Coinbase Singapore represents the official expansion of the Coinbase platform globally and I’m thankful to be able to benefit from it.
For the uninitiated, Coinbase is an American publicly traded company (NASDAQ: COIN) that operates a cryptocurrency exchange platform and is the largest cryptocurrency exchange in the United States by trading volume.
In this article, I’ll use Coinbase Singapore to refer specifically to services offered by Coinbase for Singapore.
Background Of Centre Consortium – Coinbase & Circle
In October 2022, Coinbase Singapore received In-Principle Approval (IPA) as a Major Payments Institution license holder from the Monetary Authority of Singapore (MAS).
The license will allow them to offer regulated Digital Payment Token products and services.
In somewhat unrelated but encouraging news, it was announced in June 2023 that Circle Singapore has obtained a Major Payment Institution license from the Monetary...
