Crypto.com announced it will establish its European heaquarters in Paris and commit €150 million to develop its operations in France.
Crypto.com Finally Finds a European Home
Leading cryptocurrency exchange Crypto.com announced that it will establish its regional headquarters in Paris, the capital of France. In addition, the exchange would also be committing €150 million in France toward supporting its local talent drive, business development, brand building, and compliance efforts.
“We are incredibly excited to cement our commitment to France and Europe through the establishment of our regional headquarters in Paris. 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 a best-in-class crypto experience.” said Eric Anziani, COO of Crypto.com.
As part of Crypto.com’s mission to accelerate the world’s transition to cryptocurrency, the exchange has been making major advancements within Europe as it also received regulatory approval in August as a cryptoasset business in the U.K. from the Financial Conduct Authority.
What Is Crypto.com:
Crypto.com is a cryptocurrency exchange that was started operating in 2016. It has extended its reach to over 10 million users within 5 years. The platform was founded by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo, with its headquarters in Hong Kong. In addition to the cryptocurrency application, the platform also runs the Crypto.com Visa card, one of the world’s largest cryptocurrency card programs, the exchange, and a DeFi wallet. The exchange operates across 3 continents, the Americas, Europe, and Asia.
For more information about the project:
Source : bsc.news
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