With this license Coinbase remains dedicated to Singapore's crypto community and its mission to provide digital payment token services.
With this license Coinbase remains dedicated to Singapore’s crypto community and its mission to provide digital payment token services.The exchange has actively developed and introduced products tailored specifically for Singaporean users.Singapore, with a growing interest in cryptocurrencies, has become a crucial market for Coinbase. 25% of surveyed Singaporeans are considering cryptocurrencies as the future of finance. Also, 32% reported having owned or currently owning cryptocurrencies.
By integrating SingPass, Singapore’s trusted digital identity system, Coinbase streamlined its onboarding process. Additionally, Coinbase made it easier for Singaporean customers by offering no-fee USDC purchases with SGD.Coinbase’s commitment extends beyond product offerings to the broader Web3 ecosystem in Singapore. This includes initiatives such as training and hiring programs at the Coinbase tech hub in Singapore.
Furthermore, Coinbase Ventures has made region-specific investments, with over 15 of these investments rooted in Singapore. Coinbase’s Base blockchain and Wallet-as-a-Service, along with its active involvement in initiatives like sponsoring Ethereum Singapore and conducting workshops at prestigious universities, have solidified its presence in Singapore.Coinbase’s core belief is in reshaping the financial landscape by developing trusted products that drive the adoption of cryptocurrencies.
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