Friday, November 15, 2024

Crypto Exchange Crypto.Com Announces Paris as European Regional Headquarters

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Crypto exchange Crypto.com announced that it would set up its European headquarters in Paris, the Singapore-based company. The firm will invest €150 million in France to support its market operations. Crypto.com has been registered as a Digital Asset Service Provider (DASP) by the Autorité des marchés financiers (AMF) after clearance with the Autorité de Contrôle Prudentiel et de Résolution (ACPR) in September.

Founded in 2016, Crypto.com serves over 50 million customers and is one of the big global cryptocurrency platforms. Earlier this year, it also got regulatory approval in the United Kingdom and Italy.