Circle Picks Crypto-Friendly France for European Headquarters

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.

“Both for commercial and policy reasons, we believe that France is the right center for us as we look to scale this business in Europe,” Allaire said, saying Paris would become a ...