Bitcoin exchange Coinbase nullify fees for USDC purchases for SGD for customers in Singapore, as well as listing 200 trading pairs with this stablecoin and a cryptocurrency staking service.
Ethereum, Solana, Cardano, Cosmos, and Tezos will be available under the latest offering.
The decision was made as part of the intensification of international expansion against the backdrop of difficulties with SEC.
In March 2023, the Commission sent a notice of investigation to the exchange regarding the listing procedure on the platform and its products – Coinbase Prime, Coinbase Wallet and the staking service Coinbase Earn.
In April, the company responded to the SEC claims by declaring its readiness to “resolutely defend itself.” Representatives of the company noted that because of the proceedings, the department may suffer reputational damage.
That same month, the company filed a lawsuit to seek an SEC response to a petition filed in July 2022. In it, the platform demanded to clarify the regulation of the crypto industry.
In May, Coinbase announced the launch of an international digital asset futures exchange, Coinbase International Exchange.
Later, the platform management called the UAE a possible strategic hub.
“The world is moving forward with or without the US. As a global company, we are committed to international expansion.” – said The Block Hassan Ahmed, director of Coinbase Singapore.
Recall that the company received a license from the local regulator in October 2022.
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Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!
Bitcoin exchange Coinbase nullify fees for USDC purchases for SGD for customers in Singapore, as well as listing 200 trading pairs with this stablecoin and a cryptocurrency staking service.
Ethereum, Solana, Cardano, Cosmos, and Tezos will be available under the latest offering.
The decision was made as part of the intensification of international expansion against the backdrop of difficulties with SEC.
In March 2023, the Commission sent a notice of investigation to the exchange regarding the listing procedure on the platform and its products – Coinbase Prime, Coinbase Wallet and the staking service Coinbase Earn.
In April, the company responded to the SEC claims by declaring its readiness to “resolutely defend itself.” Representatives of the company noted that because of the proceedings, the department may suffer reputational damage.
That same month, the company filed a lawsuit to seek an SEC response to a petition filed in July 2022. In it, the platform demanded to clarify the regulation of the crypto industry.
In May, Coinbase announced the launch of an international digital asset futures exchange, Coinbase International Exchange.
Later, the platform management called the UAE a possible strategic hub.
“The world is moving forward with or without the US. As a global company, we are committed to international expansion.” – said The Block Hassan Ahmed, director of Coinbase Singapore.
Recall that the company received a license from the local regulator in October 2022.
Found a mistake in the text? Select it and press CTRL+ENTER
Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!