regulatory manual

According to reports, “Coinbase (COIN. O) will allow Singapore customers to transfer funds into or out of their accounts through local banks.” Brian Armstrong, CEO of Coinbase, said on Twitter, “In creating a clear regulatory manual for cryptocurrencies, the regulatory environment in the United States lags behind other major financial centers (the United Kingdom, Singapore, Hong Kong, China, etc.). We will adjust our investments accordingly.” CEO of Coinbase: The corresponding investment will be adjusted because the regulatory environment in the United States lags behind other major financial centers Analysis based on this information:Coinbase has announced that it will allow Singaporean customers to transfer funds in or out of their accounts via local banks. This update will prove beneficial to the cryptocurrency exchange platform’s customer base in Singapore, where users can now easily deposit or withdraw funds to pay for goods and services. Coinbase’s CEO, Brian Armstrong, acknowledged that the regulatory environment in some countries is more favorable to cryptocurrencies than…