Coinbase obtains major payment institution license in Singapore, will prioritize Singapore as a key market
The lawsuit between Coinbase and the SEC has yet to yield any favorable news, but Coinbase remains actively expanding into overseas markets. It has announced that it has obtained the MPI license in Singapore, stating that Singapore will be its priority market in the future.
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Coinbase Actively Expanding Internationally
Despite facing regulatory uncertainties in the United States and being entangled in lawsuits with the SEC, Coinbase is actively expanding into overseas markets through compliant international exchanges.
Following the official launch of its offshore exchange in June this year, Coinbase announced on the 28th that it has obtained regulatory approval to offer contract trading to non-U.S. retail investors.
Coinbase Approved by Regulators, International Exchange to Offer Retail Investors Perpetual Contract Trading
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