Coinbase Enters Singapore after Gaining Licence

Coinbase has entered the Singaporean market as it has gained approval from the central bank to offer its crypto services in the city-state.

The largest crypto exchange in the United States has gained a so-called in-principle approval, which the central bank rolled out last year for crypto firms.
The approval will allow crypto exchanges such as Coinbase to offer services that individuals and institutions can use. Still, the central bank will regulate them under its Payment Services Act.
Coinbase has said that this has been a “significant milestone”. It further added that the company currently has nearly 100 employees and has …

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