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Societe Generale's Crypto Division Forge Secures Registration With French Regulator
The French banking giant's crypto subsidiary is registered to offer buying, selling, trading and custody of digital assets as of Sept. 27.
Updated May 9, 2023, 3:59 a.m. Published Oct 17, 2022, 10:56 a.m.
Societe Generale's crypto division SG Forge has won registration from France's Autorité des Marchés Financiers (AMF) for cryptocurrency custody and trading services.
The French banking giant's crypto subsidiary is registered to offer buying, selling, trading and custody of digital assets as of Sept. 27, according to AMF's website.
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A number of crypto firms have won digital asset service provider registration in France in recent months, including prominent exchanges Binance, Crypto.com and Luno.
That the subsidiary of one of the country's largest financial institutions gained regulatory approval further highlights the momentum gathering behind mainstream acceptance of digital assets in France.
Read more: Societe Generale Introduces Services for Asset Managers Developing Crypto Funds
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