• Home
  • About
  • Contact
  • Privacy
  • Terms
  • DCMA
  • Write For Us / Submit
Tech News, Magazine & Review WordPress Theme 2017
  • Tech
    transfer whatsapp from android to iphone

    How to Transfer WhatsApp from Android to iPhone!

    Understanding the Role of Humidity Chambers in Climate Testing

    Understanding the Role of Humidity Chambers in Climate Testing

    Everything You Get to Know About Movember Beard Memes

    Everything You Get to Know About Movember Beard Memes

    Best Book Recommendation Apps

    11 Best Book Recommendation Apps

    How to quickly divide or Split PDF files

    How to Quickly Divide or Split PDF Files

    Enhance your omnichannel service strategies with data-driven insights.

    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

    Trump’s TikTok ban might have been right after all

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    6 Android Apps for Budget Management

    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

  • Gear
    • All
    • Camera
    • Laptop
    • Smartphone
    Latest Smart Home Gadgets for a Connected Life

    Latest Smart Home Gadgets for a Connected Life

    Eco-Friendly Products for Students

    Eco-Friendly Products for Students

    Essential Photography Equipment and Gadgets

    Mastering Your Shots: Essential Photography Equipment and Gadgets

    Level Up Your Game: Must-Have Gaming Gear!

    Level Up Your Game: Must-Have Gaming Gear!

    Pixel Watch in the test

    Google Pixel Watch in the Test

    Top 5 Websites To Buy Camera Lenses At Reasonable Price

    Top 5 Websites To Buy Camera Lenses At Reasonable Price

    Trending Tags

    • Best iPhone 7 deals
    • Apple Watch 2
    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • iOS 10
    • iPhone 7
    • Sillicon Valley
  • Gaming
    7 Powerful Strategies to Overcome Video Game Addiction and Reclaim Your Life

    7 Powerful Strategies to Overcome Video Game Addiction and Reclaim Your Life

    Powerful Ways Xbox Cloud Gaming is Revolutionizing the Gaming World

    5 Powerful Ways Xbox Cloud Gaming is Revolutionizing the Gaming World

    9 Best Alternative Games Like Kahoot

    9 Best Alternative Games Like Kahoot

    The Top 8 Free Bubble Shooter Games for Endless Entertainment

    The Top 8 Free Bubble Shooter Games for Endless Entertainment

    Cloud Gaming Revolution: How Streaming is Changing the Future of Gaming

    Cloud Gaming Revolution: How Streaming is Changing the Future of Gaming

    Level Up Your Game: Must-Have Gaming Gear!

    Level Up Your Game: Must-Have Gaming Gear!

  • Crypto
    transfer whatsapp from android to iphone

    How to Transfer WhatsApp from Android to iPhone!

    Understanding the Role of Humidity Chambers in Climate Testing

    Understanding the Role of Humidity Chambers in Climate Testing

    Everything You Get to Know About Movember Beard Memes

    Everything You Get to Know About Movember Beard Memes

    Best Book Recommendation Apps

    11 Best Book Recommendation Apps

    How to quickly divide or Split PDF files

    How to Quickly Divide or Split PDF Files

    Enhance your omnichannel service strategies with data-driven insights.

    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

    Trump’s TikTok ban might have been right after all

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    6 Android Apps for Budget Management

    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

  • Business
    transfer whatsapp from android to iphone

    How to Transfer WhatsApp from Android to iPhone!

    Understanding the Role of Humidity Chambers in Climate Testing

    Understanding the Role of Humidity Chambers in Climate Testing

    Everything You Get to Know About Movember Beard Memes

    Everything You Get to Know About Movember Beard Memes

    Best Book Recommendation Apps

    11 Best Book Recommendation Apps

    How to quickly divide or Split PDF files

    How to Quickly Divide or Split PDF Files

    Enhance your omnichannel service strategies with data-driven insights.

    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

    Trump’s TikTok ban might have been right after all

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    6 Android Apps for Budget Management

    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

No Result
View All Result
Geeky Insider
  • Tech
    transfer whatsapp from android to iphone

    How to Transfer WhatsApp from Android to iPhone!

    Understanding the Role of Humidity Chambers in Climate Testing

    Understanding the Role of Humidity Chambers in Climate Testing

    Everything You Get to Know About Movember Beard Memes

    Everything You Get to Know About Movember Beard Memes

    Best Book Recommendation Apps

    11 Best Book Recommendation Apps

    How to quickly divide or Split PDF files

    How to Quickly Divide or Split PDF Files

    Enhance your omnichannel service strategies with data-driven insights.

    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

    Trump’s TikTok ban might have been right after all

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    6 Android Apps for Budget Management

    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

  • Gear
    • All
    • Camera
    • Laptop
    • Smartphone
    Latest Smart Home Gadgets for a Connected Life

    Latest Smart Home Gadgets for a Connected Life

    Eco-Friendly Products for Students

    Eco-Friendly Products for Students

    Essential Photography Equipment and Gadgets

    Mastering Your Shots: Essential Photography Equipment and Gadgets

    Level Up Your Game: Must-Have Gaming Gear!

    Level Up Your Game: Must-Have Gaming Gear!

    Pixel Watch in the test

    Google Pixel Watch in the Test

    Top 5 Websites To Buy Camera Lenses At Reasonable Price

    Top 5 Websites To Buy Camera Lenses At Reasonable Price

    Trending Tags

    • Best iPhone 7 deals
    • Apple Watch 2
    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • iOS 10
    • iPhone 7
    • Sillicon Valley
  • Gaming
    7 Powerful Strategies to Overcome Video Game Addiction and Reclaim Your Life

    7 Powerful Strategies to Overcome Video Game Addiction and Reclaim Your Life

    Powerful Ways Xbox Cloud Gaming is Revolutionizing the Gaming World

    5 Powerful Ways Xbox Cloud Gaming is Revolutionizing the Gaming World

    9 Best Alternative Games Like Kahoot

    9 Best Alternative Games Like Kahoot

    The Top 8 Free Bubble Shooter Games for Endless Entertainment

    The Top 8 Free Bubble Shooter Games for Endless Entertainment

    Cloud Gaming Revolution: How Streaming is Changing the Future of Gaming

    Cloud Gaming Revolution: How Streaming is Changing the Future of Gaming

    Level Up Your Game: Must-Have Gaming Gear!

    Level Up Your Game: Must-Have Gaming Gear!

  • Crypto
    transfer whatsapp from android to iphone

    How to Transfer WhatsApp from Android to iPhone!

    Understanding the Role of Humidity Chambers in Climate Testing

    Understanding the Role of Humidity Chambers in Climate Testing

    Everything You Get to Know About Movember Beard Memes

    Everything You Get to Know About Movember Beard Memes

    Best Book Recommendation Apps

    11 Best Book Recommendation Apps

    How to quickly divide or Split PDF files

    How to Quickly Divide or Split PDF Files

    Enhance your omnichannel service strategies with data-driven insights.

    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

    Trump’s TikTok ban might have been right after all

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    6 Android Apps for Budget Management

    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

  • Business
    transfer whatsapp from android to iphone

    How to Transfer WhatsApp from Android to iPhone!

    Understanding the Role of Humidity Chambers in Climate Testing

    Understanding the Role of Humidity Chambers in Climate Testing

    Everything You Get to Know About Movember Beard Memes

    Everything You Get to Know About Movember Beard Memes

    Best Book Recommendation Apps

    11 Best Book Recommendation Apps

    How to quickly divide or Split PDF files

    How to Quickly Divide or Split PDF Files

    Enhance your omnichannel service strategies with data-driven insights.

    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

    Trump’s TikTok ban might have been right after all

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    6 Android Apps for Budget Management

    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

Submit
Geeky Insider
No Result
View All Result

Coinbase receives IPA from MAS to offer crypto services in S’pore

by Staff Writer
October 12, 2022
in Crypto
Reading Time: 2 mins read
coinbase
Share on FacebookShare on Twitter

Coinbase Singapore announced today (October 11) that it has received In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) to provide regulated Digital Payment Token (DPT), otherwise known as cryptocurrency, services in Singapore.

Earlier in June, MAS had awarded IPAs to three other crypto companies, namely Crypto.com, Genesis and Sparrow. This latest IPA makes Coinbase the 15th company to receive such approval.

Table of Contents

    • READ ALSO
    • FTX collapse: The latest updates on the cryptocurrency crisis
    • Mining rig maker Canaan’s stocks fall as Q3 profits shrink
  • Coinbase strengthens footprint in Singapore

READ ALSO

FTX, authorities investigate potential US$477 mln theft

FTX hacker becomes 35th largest Ethereum holder

November 15, 2022
Ripple Vs SEC Images

Coinbase officially weighs in to support Ripple against SEC

November 15, 2022

Securing the IPA after completing a rigorous application process under the Payment Services Act (PSA) marks a significant milestone for the company, allowing individuals and institutions to access DPT services from a MAS-regulated platform.

Coinbase was among the first platforms to offer access to crypto globally, and the first cryptocurrency business on the list of Fortune 500 companies.

Currently, it is the largest cryptocurrency exchange in the United States. In Asia Pacific, its local entities in Japan and Australia are registered with the Japan Financial Services Agency (JFSA) and the Australian Transaction and Reports Analysis Centre (AUSTRAC).

Coinbase strengthens footprint in Singapore

In Singapore, Coinbase has been increasing its presence for some time and announced the city-state as a tech hub last year.

“Since we announced the tech hub, we have grown our R&D team to one-third of our Singapore workforce. Our IPA approval motivates us to keep building cutting-edge Web3 technology in Singapore,” said David Ko, Singapore’s Senior Director of Engineering at Coinbase.

In the past three years, the team leading Coinbase Ventures has also invested in over 15 Singapore-based Web3 startups, and have also established a team in Singapore to drive investment activity in the Asia Pacific region.

Currently, Coinbase has ongoing work with local Web3 community groups such as ACCESS, Singapore Fintech Association, and advisory.sg.

“We are thrilled to have received the IPA from MAS to offer Digital Payment Token services. We see Singapore as a strategic market and a global hub for Web3 innovation,” said Hassan Ahmed, Southeast Asia’s Regional Director at Coinbase and CEO of Coinbase Singapore.

“The MAS is a lighthouse regulator for the region, with a rigorous and pro-business approach that balances responsible innovation and customer protection. This milestone further signals our commitment to advancing the local and regional crypto ecosystem.”

Featured Image Credit: Bitcoin Market Journal



Source by vulcanpost.com

Related Posts

Understanding Blockchain Technology
Crypto

7 Astonishing Ways Blockchain Technology

September 26, 2023
winter landscape with mixed snow
Crypto

Crypto winter may last until end of 2023: Coinbase research

November 16, 2022
Vitalik Buterin, founder of Ethereum sff 2022
Crypto

Ethereum’s Vitalik explains what ETH merge means for users

November 16, 2022
Nike launches NFT platform to sell virtual shoes and jerseys
Crypto

Nike launches NFT platform to sell virtual shoes and jerseys

November 15, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

uae-united-arab-emirates-flag-close-up-2022-05-02-04-26-34-utc, Animoca Brands’ Sandbox to launch metaverse in Dubai, other global cities

Animoca Brand’s Sandbox to launch metaverse in Dubai, other global cities

September 17, 2022
Powerful Ways Xbox Cloud Gaming is Revolutionizing the Gaming World

5 Powerful Ways Xbox Cloud Gaming is Revolutionizing the Gaming World

September 26, 2023

Trending.

MicroSD card in hand.

How to Move Apps to SD Card on an Amazon Fire Tablet

October 5, 2022
Google's No Internet Dino game running on a laptop computer

How to Hack the Hidden Google Chrome Dinosaur Game

October 23, 2022
Symbolic Link Header Image. A Windows folder on a blue background.

The Complete Guide to Creating Symbolic Links (aka Symlinks) on Windows

July 27, 2022
Codec logo from Windows 10's Store.

How to Install Free HEVC Codecs on Windows 10 (for H.265 Video)

October 16, 2022
Employee Payroll Management Software Simplifying Processes

Employee Payroll Management Software: Simplifying Processes

August 23, 2023
Geeky Insider

Geeky Insider is Web based independent Tech Magazine covering Topics Related to Technology, Gadgets, Software, Gaming, Crypto, Business And So on. Read More...

Submit a Techy Post | Write For Us

Feel free to contact us for submission queries. via contact form or email us at [email protected].

Categories

  • Android
  • Apple
  • Apps And Softwares
  • Articles
  • Business
  • Camera
  • Crypto
  • Education
  • Entertainment
  • Gadget and Gear
  • Gaming
  • How To
  • Laptop
  • Marketing
  • Microsoft
  • Review
  • Security
  • Smartphone
  • Technology
10 Essential entrepreneurs' characteristics For Success

10 Essential Entrepreneurs’ Characteristics For Success

September 28, 2023
Understanding Blockchain Technology

7 Astonishing Ways Blockchain Technology

September 26, 2023
7 Powerful Strategies to Overcome Video Game Addiction and Reclaim Your Life

7 Powerful Strategies to Overcome Video Game Addiction and Reclaim Your Life

September 26, 2023
  • Home
  • About
  • Contact
  • Privacy
  • Terms
  • DCMA
  • Write For Us / Submit

© 2022 GeekyInsider.com

No Result
View All Result
  • Home
  • Review
  • Apple
  • Gaming
  • Gadget and Gear
    • Camera
    • Smartphone
  • Microsoft
  • Security