Coinbase & Standard Chartered Supercharge Singapore Crypto Adoption with ’Coinbase Business’ Launch
Singapore's crypto landscape just got a heavyweight boost. Coinbase teams up with banking giant Standard Chartered to roll out 'Coinbase Business'—a institutional-grade gateway for Asia's digital asset hub.
Why it matters: Traditional finance meets crypto infrastructure in one of the world's most regulated markets. The partnership sidesteps the usual banking roadblocks that plague crypto firms—while giving institutional players a compliant on-ramp.
The fine print: No numbers disclosed (classic finance opacity), but expect custody, trading, and staking services wrapped in Standard Chartered's regulatory armor. Just don't call it a 'crypto revolution'—this is about making bankers comfortable with blockchain profits.
Bottom line: When legacy banks start white-labeling crypto services, you know the asset class has won. Now watch the compliance teams bill 10,000 hours to make it all 'secure.'
Coinbase has officially launched Coinbase Business in Singapore, expanding its services to startups and small-to-medium enterprises. In partnership with Standard Chartered, the new platform allows real-time Singapore dollar transfers and instant settlements using stablecoins like USDC and XSGD. The move marks Coinbase’s first international business expansion outside the United States, signaling a major step toward integrating crypto payments into mainstream financial and commercial ecosystems in Asia.