**News Flash: Societe Generale Teams Up with Bitpanda for Euro Stablecoin Push**

Global banking giant Societe Generale has partnered with Bitpanda to integrate crypto and stablecoins into the mainstream financial system. The collaboration focuses on advancing the euro-denominated stablecoin, EUR CoinVertible (EURCV), through Societe Generale’s blockchain arm, FORGE.

Jean-Marc Stenger, CEO of Societe Generale-FORGE, emphasized the partnership's importance in making stablecoins a core financial component. This move aligns with the upcoming Markets in Crypto-Assets (MiCA) bill, set to fully regulate the crypto industry by December 2024.

Bitpanda’s Deputy CEO, Lukas Enzersdorfer-Konrad, highlighted that euro-based stablecoins are crucial for Europe's crypto future, bridging traditional finance and digital assets. The EURCV will be MiCA-compliant and available on Bitpanda’s platform for European investors.

As MiCA's implementation nears, more crypto firms, like Kraken, are gearing up for compliance, signaling a transformative period for European crypto regulation.