Binance isn’t the only crypto company seduced by France’s pro-business environment: today Crypto.com announced it would base its regional headquarters in Paris.
In a Wednesday statement, the Singapore-based crypto exchange said it was investing 150 million ($145.3 million) in France.
The cash will go towards setting up its European HQ in the capital and hiring local talent in the fields of compliance, business development and product. France’s market authority AMF last month gave Crypto.com regulatory approval, registering it as a digital asset service provider.
Bonjour Paris
We’re excited to deepen our commitment and presence in France, by making Paris our new European regional HQ
— Crypto.com (@cryptocom) October 12, 2022
Crypto.com COO Eric Anziani said the company was looking forward to “continuing to engage with stakeholders across sectors to help facilitate the new digital economy in France and providing customers a best-in-class crypto experience.”
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