Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

French financial institution SG Forge is eligible to issue stablecoins under the MiCA Act

CointimeCointime2024/07/09 12:55
By:Cointime

Societe Generale - Forge, a subsidiary of French bank Societe Generale, has announced that it has obtained the qualification for stablecoin issuance, and its EURCV stablecoin has met the MiCA regulations that came into effect on June 30. SG Forge obtained the registration of a digital asset service provider (DASP) as early as September 2022, which gives them legal status in digital asset custody, buying and selling of fiat and digital assets, and exchange services between digital assets. In addition, SG Forge has updated its smart contract, making the transfer of EUR CoinVertible (EURCV) stablecoin no longer limited to whitelist addresses.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!

You may also like

BlackRock CEO Larry Fink Makes Bullish Remarks on Bitcoin

Larry Fink, CEO of BlackRock, the world's largest asset manager, spoke about Bitcoin in his statement.

Bitcoinsistemi2024/09/21 18:51