Societe Generale's Crypto Division Forge Secures Registration With French Regulator

Business

Societe Generale's (GLE) 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.

A number of crypto firms have won digital asset service provider (DASP) registration in France in recent months, including prominent exchanges Binance, Crypto.com and Luno.

The subsidiary of one of the country's largest financial institutions doing so should further highlight the momentum gathering behind mainstream acceptance of digital assets in France.

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Societe Generale's Crypto Division Forge Secures Registration With French Regulator

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