--- title: "Coinbase Singapore PTE. LTD. · Major Payment Institution (MAS) · Singapore | Elucidate" description: "Coinbase Singapore PTE. LTD. is authorised by Monetary Authority of Singapore (MAS) as a major payment institution in Singapore. Register status, licences, activities and ownership." url: https://elucidate.co/directory/coinbase-singapore-pte-ltd-9c65dcd839ea --- 1. [Directory](https://elucidate.co/directory) 2. [Singapore](https://elucidate.co/directory/country/sg) 3. Coinbase Singapore PTE. LTD. Singapore · Payments & e-money # Coinbase Singapore PTE. LTD. Coinbase Singapore Pte. Ltd. is a private company limited by shares, incorporated in Singapore. The Monetary Authority of Singapore (MAS) licenses it as a Major Payment Institution under the Payment Services Act 2019. The licence covers cross-border money transfer service and digital payment token service. The firm is part of the Coinbase group, headed by the Nasdaq-listed Coinbase Global, Inc. Under the Coinbase brand it offers crypto-asset trading, custody and fiat wallets to individuals in Singapore and selected Asia-Pacific markets and the United Arab Emirates. Since November 2025 it has also offered the Coinbase Business platform to Singapore businesses. Register status Licensed in Singapore Major Payment Institution · Monetary Authority of Singapore (MAS) Prudential licence [1 licence or registration ↓](https://elucidate.co/directory/coinbase-singapore-pte-ltd-9c65dcd839ea#licences) BIC **No BIC** LEI **No LEI mapped** [Licence no. **Not published by the register**](https://elucidate.co/directory/coinbase-singapore-pte-ltd-9c65dcd839ea#licences) ## Licences and registrations Held by Coinbase Singapore PTE. LTD.. 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026. | Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [MAS Financial Institutions Directory - Major Payment Institution](https://elucidate.co/directory/register/mas-mpi) Monetary Authority of Singapore (MAS) | Major Payment InstitutionPayment Institution | Not published by the register | [Singapore](https://elucidate.co/directory/country/sg) | Active | — | — | - Money remittance - Payment services - Crypto-assets | [Search the register ↗](https://eservices.mas.gov.sg/fid) | - Each licence applies in the country of the regulator that granted it. - Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here. ## Swift network Swift’s ISO 9362 BIC directory Holds no BIC in Swift’s directory. No LEI is matched to this entry, and BICs are linked by LEI only. ## Overview Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/coinbase-singapore-pte-ltd-9c65dcd839ea#overview-sources) Customers Not published Employees Not published Ownership Group subsidiary Firm type Crypto exchange or broker Trades as Coinbase - **Ownership:** The firm is a member of the Coinbase group, whose parent Coinbase Global, Inc. is listed on Nasdaq. - **Ultimate owner:** Coinbase Global, Inc., United States - **Head office:** 1 Raffles Quay, North Tower, 048583 Singapore, Singapore (registered office: One Marina Boulevard, #28-00, Singapore 018989) - **Company register:** ACRA UEN 201935002N - **Incorporated:** 2019 ### Online - **Websites & references:** [coinbase.com ↗](https://www.coinbase.com/en-sg) [coinbase.com ↗](https://www.coinbase.com/) group global site hosting the firm's legal documents [help.coinbase.com ↗](https://help.coinbase.com/) group help centre [status.coinbase.com ↗](https://status.coinbase.com/) group status page - **Official social accounts:** [LinkedIn ↗](https://www.linkedin.com/company/coinbase) · [X ↗](https://x.com/coinbase) · [Instagram ↗](https://www.instagram.com/coinbase/) · [TikTok ↗](https://www.tiktok.com/@coinbase) - **Apps:** [App Store ↗](https://itunes.apple.com/us/app/coinbase-bitcoin-wallet/id886427730) · [Google Play ↗](https://play.google.com/store/apps/details?id=com.coinbase.android) Sources · 9 pages consulted 1. [eservices.mas.gov.sg/fid/institution/detail/235467-COINBASE-SINGAPORE-PTE-LTD](https://eservices.mas.gov.sg/fid/institution/detail/235467-COINBASE-SINGAPORE-PTE-LTD) 2. [coinbase.com/legal/user\_agreement/singapore](https://www.coinbase.com/legal/user_agreement/singapore) 3. [coinbase.com/legal/consumer\_protection\_disclosures/singapore](https://www.coinbase.com/legal/consumer_protection_disclosures/singapore) 4. [coinbase.com/en-sg](https://www.coinbase.com/en-sg) 5. [coinbase.com/blog/coinbase-business-marks-its-international-debut-by-launching-in-singapore](https://www.coinbase.com/blog/coinbase-business-marks-its-international-debut-by-launching-in-singapore) 6. [coinbase.com/blog/coinbase-obtains-major-payment-institution-licence-from-the-monetary](https://www.coinbase.com/blog/coinbase-obtains-major-payment-institution-licence-from-the-monetary) 7. [blockhead.co/2025/09/24/coinbase-to-list-singapore-dollar-stablecoin-xsgd-in-landmark-straitsx-partner](https://www.blockhead.co/2025/09/24/coinbase-to-list-singapore-dollar-stablecoin-xsgd-in-landmark-straitsx-partnership/) 8. [tradingview.com/news/cointelegraph:f22882279094b:0-coinbase-to-expand-singapore-office-headcount-by-25-re](https://www.tradingview.com/news/cointelegraph:f22882279094b:0-coinbase-to-expand-singapore-office-headcount-by-25-report/) 9. [financefeeds.com/coinbase-expands-singapore-team-as-crypto-licensing-tightens/](https://financefeeds.com/coinbase-expands-singapore-team-as-crypto-licensing-tightens/) ## Authorisation Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/coinbase-singapore-pte-ltd-9c65dcd839ea#overview-sources) - **Operates under:** Its own licences MAS licenses the firm as a Major Payment Institution under the Payment Services Act 2019 for cross-border money transfer service and digital payment token service. The firm states that MAS does not supervise it for unregulated services, such as trading digital payment token derivatives. | Authority | Licence or registration | Number | Held | Status | Source | | --- | --- | --- | --- | --- | --- | | Monetary Authority of Singapore Singapore | Major Payment Institution (Cross-border Money Transfer Service; Digital Payment Token Service) | — | In its own name | Active | [eservices.mas.gov.sg ↗](https://eservices.mas.gov.sg/fid/institution/detail/235467-COINBASE-SINGAPORE-PTE-LTD) | Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks. ## Partners and safeguarding Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/coinbase-singapore-pte-ltd-9c65dcd839ea#overview-sources) - **Safeguarding:** Segregated safeguarding accountsThe firm states that it holds customers' fiat funds in designated trust accounts with banks or other licensed financial institutions, segregated from its own funds, and that it holds customers' digital assets in trust accounts with its affiliate Coinbase, Inc. [coinbase.com ↗](https://www.coinbase.com/legal/user_agreement/singapore) - **Crypto-asset custody:** Held by a third-party custodianThe firm states that customers' digital assets are held in trust with its US affiliate Coinbase, Inc. as its safeguarding person, in omnibus accounts. It says most of these assets are kept in offline cold storage. [coinbase.com ↗](https://www.coinbase.com/legal/consumer_protection_disclosures/singapore) - **Settlement bank:** Standard Chartered Singapore [coinbase.com ↗](https://www.coinbase.com/blog/coinbase-business-marks-its-international-debut-by-launching-in-singapore) - **Crypto custodian:** Coinbase, Inc. United States [coinbase.com ↗](https://www.coinbase.com/legal/consumer_protection_disclosures/singapore) - **Payment schemes and card networks:** PayNow Through a partner [coinbase.com ↗](https://www.coinbase.com/en-sg) FAST Through a partner [coinbase.com ↗](https://www.coinbase.com/en-sg) Swift Access not stated [coinbase.com ↗](https://www.coinbase.com/en-sg) Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices. ## Products and markets Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/coinbase-singapore-pte-ltd-9c65dcd839ea#overview-sources) - Crypto trading - Crypto custody - Crypto on- and off-ramp - Crypto payments - Payouts and mass payments It offers crypto-asset buying, selling and custody, SGD and USD fiat wallets funded by PayNow, FAST and Swift transfers, and trading in the XSGD stablecoin issued by StraitsX. Since November 2025 it has also offered Coinbase Business to Singapore startups and small businesses, with USDC payouts and payment links. It serves customers from Singapore, and its User Agreement also covers residents of Hong Kong, New Zealand, the Philippines, South Korea, Taiwan and the United Arab Emirates. - **Sells to:** Consumers · Small businesses · Enterprises - **Serves customers in 7 countries:** Singapore · Hong Kong SAR China · New Zealand · Philippines · South Korea · Taiwan · United Arab Emirates ## Leadership Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/coinbase-singapore-pte-ltd-9c65dcd839ea#overview-sources) - **Executive:** Hassan Ahmed Country Director, Singapore Confirmed 29 Sep 2026 · [eservices.mas.gov.sg ↗](https://eservices.mas.gov.sg/fid/institution/detail/235467-COINBASE-SINGAPORE-PTE-LTD) ## Recent events Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/coinbase-singapore-pte-ltd-9c65dcd839ea#overview-sources) 1. Jul 2026 Other The firm opened a new office at One Raffles Quay and said it planned to grow Singapore headcount from about 150 to 200 by end-2026. [tradingview.com ↗](https://www.tradingview.com/news/cointelegraph:f22882279094b:0-coinbase-to-expand-singapore-office-headcount-by-25-report/) 2. Nov 2025 Other Coinbase launched Coinbase Business in Singapore, its first market outside the United States, in cooperation with Standard Chartered. [coinbase.com ↗](https://www.coinbase.com/blog/coinbase-business-marks-its-international-debut-by-launching-in-singapore) 3. Sep 2025 Other The firm listed XSGD, a Singapore dollar stablecoin issued by StraitsX, with trading from 29 September 2025. [blockhead.co ↗](https://www.blockhead.co/2025/09/24/coinbase-to-list-singapore-dollar-stablecoin-xsgd-in-landmark-straitsx-partnership/) 4. Oct 2023 Licence MAS granted the firm a Major Payment Institution licence after its earlier in-principle approval. [coinbase.com ↗](https://www.coinbase.com/blog/coinbase-obtains-major-payment-institution-licence-from-the-monetary) Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source. ## Identifiers - **BIC:** Holds no BIC in Swift’s directory - **LEI:** No LEI mapped - **Elucidate firm ID:** 9c65dcd839ea ## Profile - **Type:** Payments & e-money · Crypto - **Regulation:** Prudential licence - **Main licence class:** Payment Institution - **Activities:** - Money remittance - Payment services - Crypto-assets - **Licensed in:** [Singapore](https://elucidate.co/directory/country/sg) · East Asia & Pacific - **First registered:** Not published Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet. ## Ownership and group GLEIF relationship records No LEI is matched to this entry, so GLEIF relationship records cannot be linked. ## Addresses - **Address on the register:** 1 RAFFLES QUAY, NORTH TOWER 048583, Singapore, 048583 - **Country:** Singapore ## ISO 20022 identification As an agent in a Swift cross-border payment message (CBPR+) This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code. - **Identified by:** Name and postal address. No LEI or clearing code is mapped in the directory - **Postal address:** Hybrid: town, postcode and country in their own elements, the rest in one address line ```xml COINBASE SINGAPORE PTE. LTD. 048583 Singapore SG 1 RAFFLES QUAY, NORTH TOWER 048583 ``` - The address line repeats the town or postcode. Remove the repeat if your payment system rejects it. CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent. The values are as published by the register. Check them against your own records before use. ## Related institutions ### Other payments & e-money institutions in Singapore - [Atlas Consolidated PTE. LTD. · trading as Hugo No BIC Payments & e-money Money service business Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · also on FINCEN-MSB · LEI 9845005BPECFKD4ED973](https://elucidate.co/directory/atlas-consolidated-pte-ltd-dd9bff35ebe7) - [Triple A Technologies PTE. LTD. · trading as TripleA No BIC Payments & e-money Crypto Money service business Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · also on FINCEN-MSB · LEI 984500DA4B5DE9599547](https://elucidate.co/directory/triple-a-technologies-pte-ltd-35777ab55bbd) - [Jst Digital Trading & Technology PTE. LTD. No BIC Payments & e-money Crypto Money service business Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · also on FINCEN-MSB · LEI 254900VFSNIDSSI4MR30](https://elucidate.co/directory/jst-digital-trading-and-technology-pte-ltd-0b04a7881932) - [Paxos Global PTE. LTD. No BIC Payments & e-money Crypto Money service business Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · also on FINTRAC-MSB · LEI 254900HKUGCSEE1Z8626](https://elucidate.co/directory/paxos-global-pte-ltd-f0e62912b4de) - [Ripple Markets Apac PTE. LTD. No BIC Payments & e-money Crypto Money service business Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · also on FINCEN-MSB · LEI 98450060F9F56F87ED90](https://elucidate.co/directory/ripple-markets-apac-pte-ltd-05ecaf0d5a45) - [Stonex Financial Pte. Ltd. BIC IGLUSGSG Payments & e-money Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · LEI 984500C5005644B14P13](https://elucidate.co/directory/stonex-financial-pte-ltd-iglusgsg) - [Xrex PTE. LTD. No BIC Payments & e-money Crypto Money service business Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · also on FINCEN-MSB · LEI 2549000QE6HHWJLNL230](https://elucidate.co/directory/xrex-pte-ltd-da7af7b2e1b7) - [2C2P Pte. Ltd. No BIC Payments & e-money Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · No LEI mapped](https://elucidate.co/directory/2c2p-pte-ltd-4eb1a068b1fb) [See all →](https://elucidate.co/directory/search?type=payments&cc=SG) [Other entries on MAS-MPI →](https://elucidate.co/directory/register/mas-mpi) Sources & method Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI. An institution missing from these registers is not necessarily unregulated. Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists. An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page. [Read the methodology →](https://elucidate.co/directory/methodology) Register for this page - **MAS Financial Institutions Directory - Major Payment Institution**—Monetary Authority of Singapore (MAS) · [source ↗](https://eservices.mas.gov.sg/fid) as at 25 September 2026 - **Overview, authorisation, partners, products, leadership and events**—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source. ## Assess the financial crime risk behind a licence A licence records what an institution is authorised to do; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks and payment institutions. [Book a demo](https://elucidate.co/demo-request) Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.