Crypto.com has opened an office in Washington, DC, taking advantage of a more favorable US regulatory environment following the recent closure of the SEC investigation.
As originally reported by US Crypto, Singapore-based Crypto Exchange Crypto.com has doubled its US business by opening an office in Washington, near the White House.
“Building our presence and workforce in the nation’s capital, in a mature regulatory environment under the leadership of the current administration, supports our collective efforts to move our business and sector responsibly forward,” said Matt David, president of North America and chief corporate affairs officer at crypto.com.
Previously, Crypto.com had already taken steps to deepen connections in Washington. In April, the company partnered with Trump Media to launch the Crypto ETPS suite, which is scheduled to debut later this year. CEO Kris Marszalek also developed a relationship with President Trump and joined the White House Crypto Summit in March.
The DC expansion follows Crypto.com’s recent move to Tyler, Texas, and is now operating from Plaza Tower in downtown Tyler.
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Crypto.com’s expansion to Washington, DC comes after the recent change in the climate of the US regulatory environment courtesy of the exchange. In late March, the Securities and Exchange Commission officially closed its Crypto.com investigation.
Outside of us, Crypto.com is currently attracting attention in Europe due to the recent launch of European ETP, which is exposed to Native Cronos (CRO) tokens by 21 shares. ETP is currently listed on the EuroNext exchanges in Paris and Amsterdam, expanding access to institutional investors.
You might like it too: 21 shares launches ETP and is exposed to Crypto.com’s CRO
