Coinbase has launched a new office at Leveoff Pier No. 1 in Singapore and plans to increase its local headcount from about 150 to 200 by the end of 2026, with a focus on expanding its engineering, customer service, customer relations, and institutional sales teams. The hiring drive comes in contrast to Coinbase’s recent layoffs of roughly 14% globally. The company says Singapore is one of its fastest-growing international markets. Previously, Coinbase CEO Brian Armstrong said in a CNBC interview on Capitol Hill in the U.S. that if the U.S. fails to pass clear crypto legislation, Coinbase will still continue building the company in the U.S., but some parts of the business may shift to offshore markets with clearer rules. (Tech in Asia)