Singapore’s crypto trading platform Crypto.com announced Wednesday that it will establish a North America regional office in Washington, D.C.

The office will be located in Downtown Washington, D.C., in close proximity to the White House, the firm said in a statement.

“The U.S. market is central to the growth strategy of Crypto.com and the most exciting frontier for our entire industry,

“With a maturing regulatory environment under the current Administration and key members of Congress’ 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 of Crypto.com.

According to the statement, the Crypto.com Washington D.C. office will be primarily focused on public and government affairs work for its U.S. operations.

The office will be staffed by existing roles, with additional roles to be recruited for in the near future.

This is the latest North America office for Crypto.com, following the establishment of its North America headquarters in Tyler, Texas in 2024.

Founded in 2016, Crypto.com is used by more than 100 million customers worldwide. The firm aims to accelerate the adoption of cryptocurrency through innovation.

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