Coinbase ties up with Standard Chartered in Singapore for free transfers

Crypto exchange Coinbase Global Inc. has joined with Standard Chartered in Singapore to provide its users an option to move funds between any lender and the cryptocurrency exchange.

Under the arrangement, users can transfer Singapore dollars to and from the platform via any local bank in the country for free.

The timing is noteworthy as several crypto firms, asset managers and hedge funds are struggling to replace such links.