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Coinbase boosts Singapore blockchain with engineer training

Coinbase has launched a hub in Singapore to equip local engineers with the necessary tools and training to aid the region’s blockchain ecosystem.

The program targets undergraduate engineering students and new engineers through Coinbase’s internship scheme.

Coinbase plans to expand blockchain applications in fields such as payments and fintech.

In Singapore, it offers trading and staking services, employing around 70 people in roles like product management, engineering, and compliance.

In 2023, Coinbase received a major payment institution license under Singapore’s payment services act.

Recent Coinbase developments

Timeline
15-Mar-2023 🇸🇬 Coinbase adds support for direct bank transfers in Singapore
  • Coinbase adds free bank transfers in Singapore.
  • Partners with Standard Chartered for FAST service.
28-Feb-2023 🚫 Coinbase to halt Binance USD trades
  • Coinbase to stop BUSD trading on March 13
  • Suspension affects all Coinbase trading platforms
19-Jan-2023 🚫 Coinbase to halt operations in Japan amid crypto slump
  • Coinbase halts operations in Japan amid market issues.
  • Users can withdraw holdings until February 16.
11-Jan-2023 📉 Coinbase to let go of 950 staff amid efforts to reduce costs
  • Coinbase lays off 950 employees to cut costs
  • CEO cites industry turmoil, vows to focus on successful projects
11-Oct-2022 🇸🇬 Coinbase gets MAS nod for crypto services

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