{"id":23798,"date":"2023-10-02T09:24:30","date_gmt":"2023-10-02T09:24:30","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/coinbase-granted-new-payment-license-in-singapore\/"},"modified":"2023-10-02T09:24:30","modified_gmt":"2023-10-02T09:24:30","slug":"coinbase-granted-new-payment-license-in-singapore","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/coinbase-granted-new-payment-license-in-singapore\/","title":{"rendered":"Coinbase Granted New Payment License in Singapore"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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Crypto heavyweight Coinbase has achieved another milestone, this time in Asia. The Monetary Authority of Singapore has granted Coinbase a payment institution license. This green light means that Coinbase can now offer digital payment token services to a wider range of clients, including both individual and institutional customers in Singapore.<\/p>\n

This isn\u2019t Coinbase\u2019s maiden venture in Singapore. They\u2019ve been steadily marking their territory there. The establishment of a tech hub in Singapore last year was one of their strategic moves. This tech hub isn\u2019t just a base; it\u2019s a bustling center where product managers and engineers have been meticulously working on Web3 technologies. Moreover, Coinbase\u2019s venture capital branch hasn\u2019t been idle either, making investments in over 15 Web3 startups in the past three years. With such endeavors, it\u2019s evident that Singapore plays a pivotal role in Coinbase\u2019s Asia-Pacific strategy.<\/p>\n

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Coinbase\u2019s endeavors extend beyond Singapore. Just last week, they made significant inroads into Europe, getting registered with Spain\u2019s central bank<\/a>. This followed their regulatory approval from Bermuda\u2019s financial oversight body, underlining the firm\u2019s efforts to expand its global footprint.<\/p>\n

Coinbase\u2019s approach to regulations is straightforward. In their blog, they mentioned, \u201cAt Coinbase, we see thoughtful and practical regulation as a key ingredient for growth that will ultimately help fulfill the potential of this financial and technological revolution.\u201d<\/p>\n

The company\u2019s trajectory suggests a keen interest in not just expanding their services but also in integrating seamlessly with the regulatory frameworks of the countries they operate in.<\/p>\n

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(Originally posted on : Crypto News – iGaming.org ) Crypto heavyweight Coinbase has achieved another milestone, this time in Asia. The Monetary Authority of Singapore has granted Coinbase a payment institution license. This green light means that Coinbase can now offer digital payment token services to a wider range of clients, including both individual and […]<\/p>\n","protected":false},"author":34,"featured_media":23799,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23798"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=23798"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23798\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/23799"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=23798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=23798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=23798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}