Exchanges· ★★★· bullish·

Coinbase wins MAS approval and expands its Singapore office

  • —Coinbase received preliminary MAS approval for a digital payment token license
  • —Singapore will become Coinbase's Asia-Pacific headquarters
  • —About 200 employees are planned at the Singapore office by the end of 2026
  • —Base has processed more than 100 million transactions since its February 2023 launch
Why it matters: The MAS license strengthens Coinbase's position in Asia and legitimizes the rollout of the XSGD stablecoin and business products.
Source: Crypto Briefing
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