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GLE Societe Generale SA

24.455
-1.34 (-5.18%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Societe Generale SA EU:GLE Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.34 -5.18% 24.455 24.40 24.55 27.36 24.10 26.825 14,137,526 16:40:00

SocGen Subsidiary Gets French License for Crypto-Asset Services

19/07/2023 4:05pm

Dow Jones News


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By Pierre Bertrand

 

Societe Generale-Forge, a subsidiary of the French bank Societe Generale, said on Wednesday that it obtained a license to provide cryptocurrency-asset services in France.

SG-Forge, which specializes in crypto-asset activities, said the approval by the country's AMF market regulator was the highest regulatory certification currently possible for digital-asset activities. It is now licensed for services including the trading, selling and purchasing of digital assets and the custody of digital assets, according to the regulator's website.

SG-Forge said the approval comes as it anticipates the implementation of the European MiCA regulation, which aims to regulate and secure the crypto-asset market at European Union level, by 2024.

 

Write to Pierre Bertrand at pierre.bertrand@wsj.com

 

(END) Dow Jones Newswires

July 19, 2023 10:50 ET (14:50 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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