Crypto.com sets up shop in France and invests €150 million
Paris is crypto – The Crypto.com exchange is setting up in France and announces that it wants to take out the checkbook to develop the crypto ecosystem, thanks to local talents. The crypto exchange has chosen Paris as the new base for its regional headquarters. This announcement echoes the registration as a Digital Asset Service Provider (PSAN) of the platform with the Autorité des Marchés Financiers (AMF) in September.
Paris: new European crypto hub?
Definitely, the French capital attracts the leading exchanges. After Binance a few months ago, it is Crypto.com’s turn to obtain all the French authorizations to operate as of right in France. In addition to the degree of security that PSAN approval brings to customers, it also allows the company to be able to advertise and promote its services.
“We are very happy to consolidate our commitment to France and Europe by
establishing our regional headquarters in Paris. Our regulatory approval was the first important step in our journey to France, and we look forward to continuing to engage with stakeholders across industries to support the new digital economy in France.”
Eric Anziani, COO of Crypto.com – press release
By way of press release, the crypto company has announced its willingness to invest 150 million euros to settle, support its current operations and recruit local talent. Crypto.com wants “ anchor its long-term commitment in France “.
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