Is Coinbase a Scam? Regulation Check 2026
The Coinbase entry was pulled from the MAS register. This is what the public record returns.
Verdict
The record clears Coinbase: it holds MAS licence Registered, which clears it to offer trading in Singapore.
How to verify on the official register
| Regulator | MAS MAS Monetary Authority of Singapore (MAS) |
| Licence Number | Registered |
| Regulated Entity | Coinbase Singapore Pte. Ltd. |
| Founded | 2012 |
| Listed | NASDAQ:COIN — publicly audited |
What MAS regulation means
Under MAS, an exchange must ring-fence client funds in segregated accounts, carry negative balance protection, and open its books to independent audit. A complaint can be filed with MAS directly.
What the MAS registration buys you
- Client funds ring-fenced in segregated accounts, apart from Coinbase's own capital
- Negative balance protection, so a loss cannot run past the deposit
- A direct line to MAS for a complaint should Coinbase leave one unresolved
- Independent financial audits of Coinbase, run on a schedule under MAS oversight
Frequently Asked Questions
Is Coinbase a scam or legitimate?
The record clears Coinbase. It holds MAS licence Registered, and MAS ranks among the most respected financial regulators — the entry confirms in public on the MAS register.
How do I check Coinbase's MAS licence?
Open the official MAS site and run its register search. Key in licence Registered or the entity name; the entry returns Coinbase's authorisation status and the exact scope of its permissions.
Are my funds safe with Coinbase?
Under MAS, Coinbase is required to hold client funds in segregated bank accounts, walled off from company money — cover that stands even if Coinbase runs into trouble.
What protection do I have as a Coinbase client in Singapore?
In Singapore, Coinbase answers to MAS. On the record that means segregated client funds, negative balance protection (losses cannot run past your deposit), and a direct channel to file a complaint with MAS.
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