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Thursday, 10/05/2023 11:57:02 AM

Thursday, October 05, 2023 11:57:02 AM

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Coinbase Gets Major Payment Institution License in Singapore
October 02 2023 - 05:52AM
Dow Jones News
By Ronnie Harui


SINGAPORE--Coinbase Global has obtained a major payment institution license from the Monetary Authority of Singapore, which would enable the crypto exchange to expand its digital-payment token services to individuals and institutions in the city state.

This comes after an initial in-principle approval and strengthens its commitment to the Singapore market, Coinbase said in a blog post. The crypto exchange received initial in-principle approval from MAS in October 2022.


Write to Ronnie Harui at ronnie.harui@wsj.com

https://ih.advfn.com/stock-market/NASDAQ/coinbase-global-COIN/stock-news/92169072/coinbase-gets-major-payment-institution-license-in
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