Major cryptocurrency exchange Crypto.com will establish its European regional headquarters in the capital city of France, Paris.
The exchange has also announced a 150 million ($145 million) investment into the country to support the establishment of a regional headquarters as well as other market operations, according to a Wednesday blog post.
The move comes after Crypto.com received regulatory approval in the country, registering as a Digital Asset Service Provider (DASP) with France's stock market regulator the Autorité des marchés financiers (AMF), and gaining clearance from the Autorité de Contrôle Prudentiel et de Résolution (ACPR).
“Our regulatory approval was the first important step in our journey in France, and we look forward to continuing to engage with stakeholders across sectors to help facilitate the new digital economy in France and providing customers with a best-in-class crypto experience,” Eric Anziani, COO of Crypto.com, said.
Aside from the establishment of its...
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