{"id":7779,"date":"2022-10-12T20:26:00","date_gmt":"2022-10-12T20:26:00","guid":{"rendered":"http:\/\/cryptoheretostay.com\/?p=7779"},"modified":"2022-10-12T20:26:00","modified_gmt":"2022-10-12T20:26:00","slug":"crypto-com-to-invest-e150m-in-france","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=7779","title":{"rendered":"Crypto.com to invest \u20ac150M in France"},"content":{"rendered":"<p> <script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<\/p>\n<p>Crypto exchange platform crypto.com announced it\u2019ll invest \u20ac150 million in France to expand its operations and set up a new regional headquarters in Paris.<\/p>\n<p>The announcement states that the exchange is making a long-term commitment to France and intends to expand its talent pool by hiring local talent. With a local team, crypto.com will be growing within the region with a focus on compliance, product, and business development.<\/p>\n<p>Crypto.com\u2019s COO Eric Anziani said:<\/p>\n<p>\u201cWe are incredibly excited to cement our commitment to France and Europe through the establishment of our regional headquarters in Paris\u2026 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.\u201d<\/p>\n<p>The exchange is also looking to give back to the local community by establishing a presence in consumer activations, increasing engagement, and spreading education.<\/p>\n<h2>Permissions from local watchdogs<\/h2>\n<p>This decision came shortly after the exchange acquired regulatory licenses from the French watchdogs.<\/p>\n<p>As a first step, crypto.com got clearance from the Authorit\u00e9 de Contr\u00f4le Prudentiel et de R\u00e9solution (ACPR) to be registered as a Digital Asset Service Provider (DASP). After that, in September, crypto.com finally got registered as a DASP by the Authorit\u00e9 des March\u00e9s Financiers (AMF).<\/p>\n<h3>Other expansions<\/h3>\n<h2>Crypto.com has been focusing on expanding recently.<\/h2>\n<p>The company got a Digital Payment Token (DPT) license from Singapore on June 22. This license enabled crypto.com to offer a range of payment services that fall under the Singaporean Payment Services Act.<\/p>\n<p>In July, the exchange got a Crypto Asset Operator license from Italia\u2019s Organismo Agenti e Mediatori (OAM), which allowed crypto.com to offer crypto trading, custody services, and other products in Italy.<\/p>\n<p>A few days later, the exchange got approved by the Cyprus Securities and Exchange Commission (CySEC) to offer all its products and services to users in Cyprus. Around the same time, crypto.com received another license from the Greek watchdogs that allowed it to expand into Greece.<\/p>\n<p>Crypto.com also secured its Virtual Asset MVP License from Dubai. Once the operational processes are complete, and the Dubai Virtual Assets Regulatory Authority (VARA) grants the license, crypto.com can also offer its exchange services in Dubai.<\/p>\n<p>The exchange is also in a similar process with the regulators from South Korea, Australia, and Canada.<\/p>\n<h2>Get an Edge on the Crypto Market \ud83d\udc47<\/h2>\n<p>Become a member of CryptoSlate Edge and access our exclusive Discord community, more exclusive content and analysis.<\/p>\n<p>  <strong>On-chain analysis<\/strong><\/p>\n<p>  <strong>Price snapshots<\/strong><\/p>\n<p>  <strong>More context<\/strong><\/p>\n<p> Join now for $19\/month Explore all benefits<br \/>\n<br \/><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cryptoslate.com\/crypto-com-to-invest-e150m-in-france\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto exchange platform crypto.com announced it\u2019ll invest \u20ac150 million in France to expand its operations and set up a new regional headquarters in Paris. The announcement states that the exchange is making a long-term commitment to France and intends to expand its talent pool by hiring local talent. With a local team, crypto.com will be [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7780,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[3],"tags":[],"class_list":["post-7779","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/7779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7779"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/7779\/revisions"}],"predecessor-version":[{"id":7781,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/7779\/revisions\/7781"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/7780"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}