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COINBASE SINGAPORE PTE. LTD.
UEN:201935002N
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COINBASE SINGAPORE PTE. LTD. has a TrustScore of 61. Our system is actively collecting and analyzing information about this business. Additional data points are being verified and processed.
Our preliminary analysis has revealed key insights about COINBASE SINGAPORE PTE. LTD.'s performance and market presence. Here‘s a summary of our findings:
Has been operational for several years
Official business profile found on major search engines
Coinbase, the largest crypto exchange in the United States, on Tuesday (Oct 11) said it has received approval from Singapore's central bank to offer payment services in the city-state. The in-principle approval, which the central bank started giving out to crypto firms in 2021, means individuals and institutions can use digital payment token services and the firms are regulated by the central bank under its Payment Services Act. Calling it a "significant milestone", Coinbase said in a statement that it has been building up its presence in Singapore and currently has nearly 100 employees in the Southeast Asian state, with product engineers forming the largest bulk of hires.
11 October 2022
According to a listing on the company’s website, the Singapore exec will be spearheading Coinbase’s expansion strategy in the region. This includes evaluating and recommending growth options in Asia – excluding Japan – based on individual market analysis. “As Coinbase continues to expand internationally, we are looking for an exceptional candidate to help build out and run our Asia-ex Japan business, which will be headquartered in Singapore,” the listing read. The Singapore exec will report to Coinbase’s vice president of business and data Dan Yoo who is based in San Francisco.
64999
Other financial service activities, except insurance and pension funding activities n.e.c.
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Scam.SG's TrustScore is an AI-driven engine that evaluates a business's trustworthiness by analysing data such as customer feedback, behavioral patterns, and compliance records. This comprehensive assessment results in a numerical score reflecting the entity's reliability.
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