Coinbase officially opened an office at One Raffles Quay in Singapore on July 22, marking another step in its expansion in one of its fastest-growing international markets. In an interview with The Business Times, Singapore Country Director Hassan Ahmed said the company plans to increase its local workforce from about 150 to about 200 by the end of 2026. The fastest-growing hiring areas will be engineering, customer service, relationship management, and institutional sales. Ahmed said Singapore is one of the world’s most trusted financial centers and remains a key market for the exchange. The hiring push stands in contrast to Coinbase’s roughly 14% global workforce reduction in May this year. Ahmed said the company sees strong potential for crypto and stablecoin adoption in Singapore and across Asia, citing the city-state’s clear regulatory framework, business-friendly environment, and strong capital flows. Coinbase received a full Major Payment Institution license under Singapore’s Payment Services Act in October 2023. The company is also exploring the intersection of AI and digital assets, including stablecoin wallets for AI agents.
Coinbase officially opened an office at One Raffles Quay in Singapore on July 22.
In an interview with The Business Times, Singapore Country Director Hassan Ahmed said the company plans to increase its local headcount from about 150 to about 200 by the end of 2026. The roles expected to grow fastest are in engineering, customer service, relationship management, and institutional sales.
Ahmed said Singapore is one of the world’s most trusted financial centers and also one of Coinbase’s fastest-growing international markets.
The hiring plan comes in contrast to Coinbase’s roughly 14% global layoffs in May this year. Ahmed said the company is optimistic about crypto and stablecoin adoption in Singapore and across Asia, pointing to the market’s clear regulatory framework, business-friendly environment, and strong capital flows.
Coinbase received a full Major Payment Institution license under Singapore’s Payment Services Act in October 2023. The company is also exploring the overlap between AI and digital assets, including stablecoin wallets for AI agents.
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