Coinbase has officially launched its crypto-native operating platform, Coinbase Business, in Singapore, marking its first international market outside of the United States. The platform is designed to provide startups and small to medium-sized businesses in Singapore with a compliant way to manage their crypto finances, aiming to reduce the friction of traditional financial systems. This expansion into the Asian financial hub is a strategic move for Coinbase, building on its commitment to the region. The launch is supported by a strategic banking relationship with Standard Chartered, which will facilitate seamless Singapore dollar transfers for business customers. The move follows Coinbase's recent participation in the Monetary Authority of Singapore's (MAS) Project Guardian, signaling a collaborative approach with local regulators to build out a regulated digital finance infrastructure.
Coinbase Business Launches in Singapore, Marking First International Expansion
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