Technology

Circle Picks Crypto-Friendly France for European Headquarters

  • Stablecoin company to establish EU commercial base in Paris
  • Staff to remain in Dublin and London offices for UK business
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Stablecoin giant Circle Internet Financial Ltd. is planning to locate its European headquarters in Paris, citing the crypto-friendly climate created by President Emmanuel Macron’s government as instrumental to the decision.

The US company will use Paris as a base to expand in the European Union, Circle Chief Executive Officer Jeremy Allaire said in an interview. It will build on Circle’s existing footprint in Dublin and London.