Societe Generale #Forge, the blockchain unit of the investment bank, obtained France's first digital asset service provider license under new crypto rules.

The license will enable Forge to meet demand from institutional clients for digital assets, Forge Chief Executive Officer Jean-Marc Stenger said in a statement Wednesday.

The license allows Forge to act as custodian for digital assets, arrange the purchase and sale of digital assets using legal tender, trade digital assets for other digital assets and receive and transmit third-party orders for digital assets.

https://www.bloomberg.com/news/articles/2023-07-19/societe-generale-unit-gets-france-s-first-crypto-license?srnd=technology-vp

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Bitstamp Sees ‘Massive Crypto Interest’ From Institutional Clients

https://news.bitcoin.com/bitstamp-sees-massive-crypto-interest-from-institutional-clients/

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