The Coinbase International Exchange received regulatory approval from Bermuda's financial regulator, and Coinbase registered with Spains central bank last week.
This license will enable the exchange to expand its"provision of digital payment token services to both individuals and institutions in Singapore," the company said inThe company said it had been quietly increasing its presence in Singapore. Last year it established a tech hub for Coinbase in the country and has since hired and trained product managers and engineers working on Web3.
"At 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," the company said in its blog.
As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form ofCamomile Shumba is a CoinDesk regulatory reporter based in the UK. She previously worked as an intern for Business Insider and Bloomberg News. She does not currently hold value in any digital currencies or projects.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coinbase crypto exchange obtains payment license in SingaporeCoinbase crypto exchange has secured a Major Payment Institution license from the Monetary Authority of Singapore, joining the ranks of Circle and Crypto.com.
Read more »
Coinbase granted full license in SingaporeCoinbase, the crypto exchange operator, was granted a key license in Singapore.
Read more »
Explaining Denver's first suspension of a motel's licenseThe Regis Motel on Colfax license holder will have to present evidence to the Department of Excise and Licenses after its business license was suspended.
Read more »
Caesars ransom payment sets dangerous Las Vegas Strip precedentThe resort casino operator made a choice that might come back to haunt it and its Las Vegas rivals.
Read more »
Bitcoin Payment Service BTCPay Server Now Easier to Integrate with React AppsAnt (TimechainStats) and TC (Timechain Calendar) both pitched in together to make BTCPay Button integration into React applications as simple as drop in and go.
Read more »
Midwives declare victory over “de facto ban” on birth centersMidwives said that ADPH rules had made it impossible for birth centers to attempt to obtain a license and created an unlawful and unjustified dilemma for their practitioners.
Read more »