Crypto.com doubles down on US operations by opening office in Washington D.C.
Crypto.com has opened an office in Washington D.C., capitalizing on a more favorable U.S. regulatory climate after the recent closure of SEC investigation without charges.
As originally reported by Crypto in America, Singapore-based crypto exchange Crypto.com has doubled down on its U.S. operations by opening an office in Washington, situated near the White House.
“With a maturing regulatory environment under the current Administration’s leadership, building out our presence and workforce in the nation’s capital will support our collective efforts in responsibly advancing our business and the sector.” said Matt David, President of North America and Chief Corporate Affairs Officer at Crypto.com.
Prior to that, Crypto.com had already taken steps to deepen its connections in Washington. In April, the company partnered with Trump Media to launch a suite of crypto ETPs, expected to debut later this year. CEO Kris Marszalek has also forged ties with President Trump and participated in the White House Crypto Summit in March.
The D.C. expansion follows Crypto.com’s recent relocation of its North American headquarters to Tyler, Texas, where it now operates from the Plaza Tower in Downtown Tyler.
Crypto.com’s expansion into Washington D.C. comes after the U.S. regulatory climate had recently shifted in the exchange’s favor. In late March, the U.S. Securities and Exchange Commission formally closed its investigation into Crypto.com without bringing any charges.
Outside U.S., Crypto.com is currently drawing attention in Europe for the recent launch of a European ETP that provides exposure to its native Cronos (CRO) token by 21Shares. The ETP is now listed on the Euronext exchanges in Paris and Amsterdam, expanding access for institutional investors.
