Coinbase granted full license in Singapore

Quick Take

  • The license paves the way for Coinbase to offer a wider range of Digital Payment Token services in the region.

Coinbase, the crypto exchange operator, was granted a key regulatory license in Singapore.

The Monetary Authority of Singapore handed the company a Major Payment Institution license, after granting in-principal approval late last year, according to an announcement today. 

The news comes with Coinbase locked in a bitter dispute with regulators in the United States, its home market. The U.S. Securities and Exchange Commission