The crypto world is buzzing with excitement as Crypto.com, the world’s fastest-growing cryptocurrency platform, makes a game-changing announcement today. In a bold move that showcases their unwavering commitment to the European market, Crypto.com reveals plans to invest a staggering €150 million in France. This massive investment will fuel the establishment of their market operations, culminating in the setup of a dynamic regional headquarters in the heart of Paris.
The significance of this investment is further underscored by Crypto.com’s recent milestone achievement – being registered as a Digital Asset Service Provider (DASP) by the prestigious Autorité des marchés financiers (AMF), following clearance with the Autorité de Contrôle Prudentiel et de Résolution (ACPR) in September. With regulatory approval in hand, Crypto.com is all set to leave an indelible mark on the French crypto landscape.
By choosing Paris as the epicenter of their European endeavors, Crypto.com affirms its dedication to the region, expressing Eric Anziani, the accomplished COO of Crypto.com, “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.”
Beyond establishing their regional headquarters, Crypto.com’s investment will serve as a catalyst for fostering the growth of the crypto ecosystem in France. The infusion of local talent will drive the company’s efforts across the region, with a dedicated focus on compliance, business development, and product enhancement. Additionally, Crypto.com’s initiatives to advance their brand presence in the French market will include captivating consumer activations, meaningful engagement, and extensive education programs.
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