{"id":1977059,"date":"2023-07-19T07:15:02","date_gmt":"2023-07-19T11:15:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/societe-generale-obtains-frances-first-crypto-licence\/"},"modified":"2023-07-19T07:16:45","modified_gmt":"2023-07-19T11:16:45","slug":"societe-generale-obtains-frances-first-crypto-licence","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/societe-generale-obtains-frances-first-crypto-licence\/","title":{"rendered":"Societe Generale secures France&#8217;s inaugural crypto license."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsociete-generale-obtains-frances-first-crypto-licence%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1977059&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div\u2064 class=\"entry-content\">\u200c \t\t\t\t\t\t\t<\/p>\n<p><h2>LONDON (Reuters)\u2064 \u2013\u2062 French\u200b Bank \u2063Societe\u200b Generale Obtains License for Crypto Services<\/h2>\n<\/p>\n<p>Societe\u2063 Generale, \u2063a\u2064 leading French bank,\u200b has made \u200dhistory \u200bby \u200cbecoming\u2064 the first \u200bcompany in\u200b France\u2063 to obtain \u200ca \u200blicense for\u2063 <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/2021-the-year-cryptocurrency-heists-went-nuclear\/\" title=\"2021: The Year Cryptocurrency Heists Went Nuclear\">crypto services<\/a>. This \u200bdevelopment \u200bcomes as an increasing number of \u200c<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/societe-generale-obtains-frances-first-crypto-licence\/\" title=\"Societe Generale secures France's inaugural crypto license.\">mainstream financial \u200dcompanies worldwide<\/a>\u2062 are\u200c embracing\u2064 cryptocurrencies \u200dthis\u200c year. \u2063<\/p>\n<p>\u200c <\/p>\n<p>Societe Generale&#8217;s \u2063crypto unit, \u2063Forge, \u2064has been\u200b granted a\u2064 license to \u2063offer \u2063a \u2063range\u200b of services, including\u200d crypto\u200c custody, \u200dtrading,\u2064 and\u2062 sales. This \u200cnews was initially reported\u2062 by CoinDesk,\u200c a \u2064prominent\u200b crypto outlet. \u2063<\/p>\n<div \u200bid=\"div-gpt-ad-1663871513696-art-1\"\u2064 style=\"min-width: \u2064320px;\u2064 min-height: 50px; \u200d text-align: \u2063center;\">\u200c  \t<script>\u2063 \u200c \t\tgoogletag.cmd.push(function()\u200d { googletag.display('div-gpt-ad-1663871513696-art-1'); }); \u200b \u200c\t<\/script> \u2062 <\/div>\n<div \u2062class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>   \u2062<\/p>\n<p>A slew\u200b of crypto firms, including\u2064 the \u200cworld&#8217;s \u200dlargest \u200dexchange Binance,\u200b have\u2064 already registered\u2062 with\u2062 France&#8217;s\u200b AMF \u2063(Autorit\u00e9 des\u2063 March\u00e9s \u200cFinanciers).\u2064 However, licensed firms\u200d like Societe \u2062Generale are subject \u200bto more \u200dstringent regulations in \u2063areas such\u2064 as\u2063 corporate \u2064governance,\u200c IT, and compliance.\u200d <\/p>\n<p> \u200d<\/p>\n<p>The \u2062crypto markets\u2063 have experienced \u2064a\u2064 significant\u200d rally \u2063in\u200d 2023, driven by \u200bthe growing interest\u2063 of\u2063 major U.S. \u200bfinancial firms like BlackRock \u200band\u200c Fidelity in this\u2064 volatile asset class.<\/p>\n<p>\u2064 <\/p>\n<p>The \u2062price \u200bof \u2063the \u2064top \u2062cryptocurrency, \u2063Bitcoin,\u200d reached\u2062 $31,818\u2062 last\u2064 week,\u200c its \u200bhighest \u200blevel \u200bin a year, and has surged \u200bmore\u200c than\u200d 80% so \u200cfar\u200c this\u2064 year. \u200dHowever, \u2062it \u200bis\u200b still\u2062 less \u200bthan \u2062half \u200cof\u2063 its all-time\u200d high \u2064of \u200d$69,000.\u200b <\/p>\n<p> \u2064<\/p>\n<p> (Reporting by Tom\u2064 Wilson \u2064in London;\u200d Editing by \u2063Sharon \u200cSingleton)<\/p>\n<p>\u200d <\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/societe-generale-obtains-frances\/attachment\/logo-of-societe-generale-in-nantes\/\"><\/a><\/p>\n<p> \u2064\u2064 \t\t\t \u2062\t\t\t\t\t<\/p><\/div>\n<div class=\"entry-content\">\u2064 \u200b \t\t\t\t\t\t\t\t\t\t<\/p>\n<p><h3>Latest \u200bNews:<\/h3>\n<p> 45th \u200bPresident\u200d Donald\u200b Trump\u2064 Served \u2063Target \u2064Letter\u2064 by Special\u2064 Counsel<\/p>\n<p> \u200d\t\t\t\t\t\t\t\t\t<\/p><\/div>\n<div class=\"entry-content\">\u2063  \u2063\t\t\t\t\t\t\t\t\t\t<\/p>\n<p><h3>Insider Information:<\/h3>\n<p> DNC Planning \u200cto\u200b Replace\u2064 President\u200d Joe\u2063 Biden in 2024, Says Political\u2063 Strategist<\/p>\n<p> \u2063\t\t\t\t\t\t\t\t\t<\/p><\/div>\n<div class=\"entry-content\"> \u2064\u200d \t\t\t\t\t\t\t\t\t\t<\/p>\n<p><h3>Exclusive \u200dReport:<\/h3>\n<p> Special Counsel Jack Smith\u2063 Targets \u2064Trump\u2063 over\u200c January 6th \u200cIncident<\/p>\n<p> \u2062\t\t\t\t\t\t\t\t\t<\/p><\/div>\n<div \u2063class=\"entry-content\">\u2064 \u2064 \t\t\t\t\t\t\t\t\t\t<\/p>\n<p><h3>Breaking \u200dNews:<\/h3>\n<p>\u2062 President\u200b Biden Invites \u200dPrime Minister \u2063Netanyahu Amidst \u200cAnti-Semitic \u2063Language Controversy<\/p>\n<p> \u200c\t\t\t\t\t\t\t\t\t<\/p><\/div>\n<div class=\"entry-content\"> \u200d \u200d\t\t\t\t\t\t\t\t\t\t<\/p>\n<p><h3>Financial\u2064 Update:<\/h3>\n<p>\u200d Japan Aims\u2064 to Expand \u2064Computing Power\u2064 to \u200bCompete \u200bGlobally<\/p>\n<p> \u2062\t\t\t\t\t\t\t\t\t<\/p><\/div>\n<div\u200d class=\"entry-content\">\n<p><h3>Regulatory\u2062 News:<\/h3>\n<p>\u2064 Reddit\u2063 Faces Potential Fine\u200c in Russia for Not\u200c Removing &#8220;Banned\u200c Content&#8221;<\/p>\n<p>\u200d \t\t\t\t\t\t\t\t\t<\/p><\/div>\n<div \u200cclass=\"entry-content\">  \u2062\t\t\t\t\t\t\t\t\t\t<\/p>\n<p><h3>Global \u2063Influence:<\/h3>\n<p>\u200b European\u2062 Union Urges Asian\u2062 Countries\u200d to \u2064Follow\u2063 Its Lead\u200c in \u200cTechnology\u2064 Regulation<\/p>\n<p> \u2063\t\t\t\t\t\t\t\t\t<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Reuters. French bank Societe Generale has secured the first license for crypto services in France. Its crypto unit, Forge, can now provide services such as crypto custody, trading, and sales. This move reflects the increasing acceptance of cryptocurrencies by mainstream financial institutions worldwide.<\/p>\n","protected":false},"author":66,"featured_media":1977060,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-1977059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1977059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1977059"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1977059\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1977060"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1977059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1977059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1977059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}