Coinbase

Singaporean retail customers now have the option to transfer funds between Coinbase and local banks. promo. Coinbase Announces Banking Partnership with Standard ...

Meanwhile, Coinbase disclosed a $240 million exposure to the now-defunct Signature Bank on March 12. MAS and other government agencies will continue to monitor the situation closely for any signs of stress.” The agency noted, “The initial feedback indicates that the impact is limited. [Signature Bank](https://beincrypto.com/ny-regulators-signature-bank-shutdown-not-crypto-related/) revealed major crypto exposure, including businesses based out of Singapore. The agency provides approval under the Payment Services Act (PSA) for regulated Digital Payment Token (DPT) services. [noted](https://www.coinbase.com/blog/from-singpass-to-free-bank-transfers-a-seamless-safe-and-convenient) that Singaporean retail customers can now transfer funds between their Coinbase accounts and any domestic bank.

Coinbase, the American-based publicly traded online cryptocurrency platform, has partnered with the consumer banking corporation Standard Chartered, bestowing ...

In addition, the director gave a brief explanation of the comprehensive catalog of resources called Coinbase Learning, quoting: We recognize that investing in the crypto economy can be complicated, which is why we created Coinbase Learning. Coinbase has also introduced a “2-click” user sign-up system, through the integration of Singpass, making it easier for users to join the platform.

The partnership with Standard Chartered will help Coinbase to offer free bank transfers for users in Singapore.

Silvergate and Signature, on the other hand, served as the major on- and off-ramps for the space with their SEN and Signet products, respectively. [blog post](https://www.coinbase.com/blog/from-singpass-to-free-bank-transfers-a-seamless-safe-and-convenient), Singapore customers will now be able to transfer funds to and from their Coinbase account using any local bank in the city-state for free. Last week, prominent financial institutions – Silvergate Capital, Silicon Valley Bank (SVB), and Signature Bank – were forced to shut shops and wind down their operations, which resulted in crypto companies as well as users scrambling to move their assets.

Coinbase, the popular cryptocurrency exchange, has announced that it will begin its international expansion journey in Singapore. The move comes as part of ...

Ishan Wahi pleaded guilty in that case, and his brother also pleaded guilty. The company’s expansion into Singapore marks a significant step forward for the industry and is sure to provide significant benefits to users in the region. The company says that compliance has always been a top priority for it, and it will continue to strive to be the most trusted and secure platform for trading digital assets. Coinbase says it is proud to have received In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) under the Payment Services Act (PSA) to provide regulated Digital Payment Token (DPT) services in the island state. The company also created Coinbase Learning, which is a comprehensive catalog of resources designed to educate customers about the crypto economy and provide tips for safely navigating the market. Coinbase has also introduced Singpass, which is a familiar and secure “2-click” experience that Singaporeans are accustomed to using across their apps, making it even easier for users to join the platform.

Coinbase, the popular cryptocurrency exchange, has announced a strategic banking partnership with Standard Chartered in Singapore.

With Singapore becoming a significant player in blockchain and cryptocurrency, Coinbase is committed to delivering exceptional product experiences to the Singaporean market. As Coinbase gears up for its international expansion, it is pleased to launch its services in Singapore, aiming to provide a seamless and secure experience for customers trading digital assets. In addition to enhancing its retail platform, Singpass, the company now enables customers in Singapore to make transactions to and from their Coinbase accounts for free, utilizing any local bank.

Coinbase partnered with traditional banking giant Standard Chartered to let Singapore users move funds to and from their accounts through any local bank for ...

“Effective immediately, customers in Singapore can easily transfer funds to and from their Coinbase account using any local bank in Singapore for free. The free transfers, in Singapore dollars (SGD), come from Coinbase’s strategic partnership with the traditional banking giant Standard Chartered. The move, amid a tumultuous period for traditional and crypto banking sectors, marks another effort by Coinbase to facilitate investing in digital assets. This is because these banks let crypto traders and institutions “deposit, transfer and convert fiat currency into digital assets,” said Mina Tadrus, CEO of quant investment management firm Tadrus Capital. The free transfers come less than a year after Coinbase obtained a license to provide services in the crypto-friendly city-state. [Silvergate Capital](https://tokenist.com/crypto-friendly-silvergate-bank-to-be-liquidated-by-parent-company/) and [Signature Bank](https://tokenist.com/signature-bank-shut-down-by-us-regulators-over-systematic-risk-fears/) were shut down, resulting in crypto companies and users struggling to move their assets.

Coinbase has updated its retail platform in Singapore to reflect a new strategic banking partnership with Standard Chartered that enables customers to move ...

Less than 20 MPI-licensed firms are approved by the city-state’s de facto central bank, the Monetary Authority of Singapore (MAS), to offer crypto services. The suite of its services includes a simple “2-click” experience that Singaporeans are accustomed to using across their apps, making it even easier for The move provides users with more flexibility and control over their assets as they were previously forced to use debit or credit cards to transact with Coinbase.