Societe Generale, more commonly referred to as SocGen, has become the first company to receive a crypto license in France.
The FinServ companyâs crypto division, SG Forge, got multiple services licensed on July 18.
Franceâs financial market regulator, AutoritĂ© des MarchĂ©s Financiers, has officially green-flagged the company to provide digital asset custody services.
SG Forge is now also licensed to foster the buying-selling of crypto and other digital assets. Parallelly, it is also eligible to âreceipt and transmissionâ third-party crypto orders.
#societegenerale #france #cryptocurrency #licensed #cryptoonindia