Crypto.com Invests €150 million Into France As Its New Regional Headquarters
Crypto.com has announced a €150 million ($145 million) investment in France to assist its activities there, including the establishment of a European headquarters in Paris.
In addition to establishing its EU headquarters in the capital city, the investment will strive to attract local expertise to focus on compliance, business development, and product development, as well as finance marketing activities in the region, according to a statement issued Wednesday.
Crypto.com just received authorization from the French authority to operate as a Digital Asset Service Provider (DASP). In addition to France, the firm received regulatory permission in Italy in July.
COO of Crypto.com Eric Anziani said in the announcement:
“We are incredibly excited to cement our commitment to France and Europe through the establishment of our regional headquarters in Paris.”
Along with Crypto.com, several foreign cryptocurrency exchanges such as Luno and Binance have obtained licenses in France as the country aims to position itself as a blockchain technology powerhouse. Binance, like Crypto.com, declared a €100 million ($97 million) investment in the nation.
This year, Crypto.com has achieved significant regulatory milestones, including approvals in the United Kingdom, Italy, Cyprus, South Korea, and Dubai. The exchange announced sponsorship partnerships with the English Premier League, Nascar, and Aston Martin’s Formula One division during the peak of the bull market in 2021.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
Author
News
Crypto.com Invests €150 million Into France As Its New Regional Headquarters
Crypto.com has announced a €150 million ($145 million) investment in France to assist its activities there, including the establishment of a European headquarters in Paris.
In addition to establishing its EU headquarters in the capital city, the investment will strive to attract local expertise to focus on compliance, business development, and product development, as well as finance marketing activities in the region, according to a statement issued Wednesday.
Crypto.com just received authorization from the French authority to operate as a Digital Asset Service Provider (DASP). In addition to France, the firm received regulatory permission in Italy in July.
COO of Crypto.com Eric Anziani said in the announcement:
“We are incredibly excited to cement our commitment to France and Europe through the establishment of our regional headquarters in Paris.”
Along with Crypto.com, several foreign cryptocurrency exchanges such as Luno and Binance have obtained licenses in France as the country aims to position itself as a blockchain technology powerhouse. Binance, like Crypto.com, declared a €100 million ($97 million) investment in the nation.
This year, Crypto.com has achieved significant regulatory milestones, including approvals in the United Kingdom, Italy, Cyprus, South Korea, and Dubai. The exchange announced sponsorship partnerships with the English Premier League, Nascar, and Aston Martin’s Formula One division during the peak of the bull market in 2021.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
Other Posts
Related Posts
Latest
Time’s Ticking on BlockDAG’s 5-Tier Bonus- Few Days Left to Grab It While Cardano Whales Take Action, Aave Rallies Strong
Best Altcoins to Buy for 2025: Qubetics Presale Surge, Solana’s Lightning Speed, and Cardano’s Blockchain Revolution
Why Qubetics, NEAR Protocol, and IMX Are Dominating Crypto: The Best Altcoins to Join Today for Game-Changing Returns
Press Release
Time’s Ticking on BlockDAG’s 5-Tier Bonus- Few Days Left to Grab It While Cardano Whales Take Action, Aave Rallies Strong
Best Altcoins to Buy for 2025: Qubetics Presale Surge, Solana’s Lightning Speed, and Cardano’s Blockchain Revolution
