The Singapore-based cryptocurrency exchange, Crypto.com, announced on Wednesday that it would invest €150 million ($145.3 million) in France. The funds will be used to establish its European headquarters in the capital and to hire local talent in compliance, business development, and product development. The French market regulator AMF granted Crypto.com regulatory approval last month, registering it as a digital asset service provider. According to the press release, the new regional headquarters will be in Paris. Crypto.com is the latest company to relocate its headquarters to France, following Binance.