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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied SG-FORGE, the cryptocurrency unit of the French multinational financial giant, Société Générale Group, has become the first institution to receive a cryptocurrency regulatory license in France, enabling the company to operate as a regulated digital asset
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Forge, a subsidiary of Société Générale — the third-largest bank in France — became the first company to obtain the highest access license for providing crypto services in the country — a prerequisite for numerous service activities (PSAN). The provider will have a right to custody digital assets, to purchase
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied CACEIS Bank, the French banking entity of the CACEIS group, has achieved a significant milestone by obtaining PSAN (digital assets service provider) status from the AMF (France’s financial markets authority), following the recommendation of the ACPR
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Villeroy de Galhau touched on not only the e-euro but also the banking crisis and its consequences for the eurozone. With the evolution ongoing in the fintech world, central banks including Banque de France are actively investigating the concept of Central Bank Digital Currencies (CBDCs) as viable replacements for traditional fiat
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The traditional finance giant has been rumored to be seeking the status for years. Source
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President Macron said that France is accelerating developments in AI to bridge the gap with the US and shall invest much more in research and development. Artificial Intelligence has become the new battleground for the top global economies and France is among the latest to make a strong push in
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Reports indicate that French authorities have been investigating Binance since February 2022, which may result in more regulatory issues for the largest crypto exchange by trading volumes. This comes at a time when Binance is already
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The legal troubles for world's leading crypto exchange Binance continue to mount as new reports suggest the exchange has been reportedly under investigation in France since early last year.According to a report published in French daily Le Monde, the French arm of the crypto exchange has been the subject of
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Allegations against Binance from French prosecutors "relates on the one hand to acts of illegal exercise" of operating as a digital asset service provider and "acts of aggravated money laundering, by competition with operations of investments, concealment, conversion, the latter being carried out by perpetrators of offenses having generated profits,”
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto exchange giant Binance said that users in Poland, France, and Italy will no longer be able to trade privacy tokens on its platforms. No more privacy coins for users in selected European countries According to reports, Binance
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