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Coinbase Expands Services in Singapore Amid Lack of US Regulatory Clarity

Cryptocurrency exchange Coinbase is exploring the possibility of relocating its headquarters to countries such as the Bahamas, the United Arab Emirates, and Europe due to the lack of clarity on crypto regulations in the US. To strengthen its global expansion strategy, Coinbase has launched Coinbase International Exchange in the Bahamas to offer derivatives trading.

The company has also introduced new products and services for its Singapore customers, including no-fee USDC purchases with SGD, rewards for holding USDC, and staking for ETH, SOL, ADA, ATOM, and XTZ. In collaboration with the Monetary Authority of Singapore and the Securities and Exchange Commission, Coinbase has launched USD Coin in Singapore. Additionally, an updated list of presale projects and crypto Telegram channels for 2023 are available for those interested in investing in cryptocurrency.

Coinbase Singapore
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