Well, slap my hovercraft and call me surprised! Coinbase, the crypto wizards, have finally decided to take their “Business” platform on a little interstellar jaunt beyond the US. And where have they landed? Singapore, of all places! 🌅 Standard Chartered, the banking equivalent of a trusty towel, is tagging along for the ride.
Coinbase Business: Now with 100% More International Flair!
In a blog post that could only be described as “exciting if you’re into financial jargon,” Coinbase announced the rollout of “Coinbase Business” in Singapore. This isn’t just any old platform-it’s an “all-in-one financial platform” aimed at startups and small businesses. Because, you know, traditional finance is about as efficient as a sieve in a rainstorm. 🌧️
“In a world that moves at the speed of the internet, traditional finance is simply too slow and too expensive,” Coinbase proclaimed, probably while dramatically throwing a ledger into a trash can. “That’s the problem Coinbase Business is built to solve.” With this service, businesses can trade digital assets directly from their operating accounts and send out global payouts in USDC, which is basically the financial equivalent of sending a postcard but cheaper. 🌍✉️
Previously, this service was as American as apple pie and baseball, but now it’s gone global. Singapore, the shiny beacon of digital innovation and Asia’s financial gateway, is the lucky first stop. “Now, the nation’s dynamic ecosystem of startups and SMBs can access a modern, compliant, crypto-native operating account,” Coinbase said, probably while high-fiving a robot. 🤖
Standard Chartered, the British bank with a branch in Singapore, is playing the role of the trusty sidekick. They’ve been facilitating Singapore dollar transfers for Coinbase’s retail users since 2023, and now they’re extending their services to business customers. It’s like a financial buddy system, but with more spreadsheets. 📊
For now, Coinbase Business Singapore is only available to businesses that sign up for early access. When will it open to everyone? Your guess is as good as a randomly generated private key. 🔐
In other news, Standard Chartered has also teamed up with DCS Card Center to provide stablecoin settlements for DeCard credit card users in Singapore. Because why stop at one partnership when you can have two? This collaboration is set to expand into other regions, presumably until the entire world is settled in stablecoins. 🌎💳
Bitcoin: The Financial Rollercoaster That Never Ends 🎢
Bitcoin, the cryptocurrency that loves a good drama, has been on a wild ride lately. On Monday, it soared above $107,000, only to take a nosedive to around $102,500 on Tuesday. But fear not, because by Wednesday, it was back at $105,000. It’s like a soap opera, but with more charts and fewer love triangles. 📈💔
Speaking of charts, here’s a visual representation of Bitcoin’s emotional journey over the past few days:
And while Bitcoin has rebounded, the majority of liquidations in the cryptocurrency derivatives market have remained on the long side, according to CoinGlass. It’s like everyone’s betting on a comeback, but some are still holding their breath. 🤑😰
So there you have it, folks. Coinbase goes global, Bitcoin goes wild, and Standard Chartered keeps the financial wheels turning. What a time to be alive-or at least, to have a crypto wallet. 🚀💰
Read More
- USD RUB PREDICTION
- Gold Rate Forecast
- How to Get Sentinel Firing Core in Arc Raiders
- BNB PREDICTION. BNB cryptocurrency
- Silver Rate Forecast
- EUR INR PREDICTION
- USD1 PREDICTION. USD1 cryptocurrency
- ICP PREDICTION. ICP cryptocurrency
- INJ PREDICTION. INJ cryptocurrency
- DOT PREDICTION. DOT cryptocurrency
2025-11-13 10:14