Regulator Approval to Provide Crypto Services to French Banking Giant Societe Generale

French banking giant Societe Generale has obtained a license from France’s regulator to offer cryptocurrency trading and custody services.

According to a statement by the French regulator Autorité des Marchés Financiers (AMF), SG Forge, a subsidiary of Societe Generale, crypto currency trading and custody services licensed for.

Founded in 1864 France’s largest 3. base of the Societe Generale, from $1.5 billion It is said to rule many assets. Societe Generale actually got this license last month, but no explanation was given on the subject.

Many cryptocurrency exchanges, including Binance and Crypto.com, one of the world’s largest cryptocurrency exchanges, are France’s digital asset service provider. (DASP) license.

Binance, thanks to its license from AMF It is the first global cryptocurrency exchange to set up a company in France. had explained.

source site-9