The transaction involved tokenized bonds issued on the Ethereum blockchain as collateral in exchange for CBDC issued by the Banque de France.
Read moreSociete Generale Forge partners with Bitpanda for euro stablecoin ahead of MiCA
The partnership comes shortly ahead of the implementation of the MiCA regulatory framework for crypto service providers.
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Societe Generale Division Forge Receives Crypto Services License From AMF
French banking giant Societe Generale’s subsidiary, Forge, has been issued with the first crypto services license issued under the country’s crypto assets laws. According to
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Ripple CEO: ‘Confusing’ US Crypto Rules Benefiting Europe
The United States’ confusing crypto regulations have forced firms like Ripple to consider investing outside the country, and Europe has been a “significant beneficiary” of
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Societe Generale Subsidiary Launches Euro Stablecoin, but Faces Criticism Over Smart Contract Issues
According to Societe Generale-Forge (SG-Forge), a regulated subsidiary of Societe Generale Group, the company has launched a stablecoin pegged to the euro and issued on
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French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud
On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas, HSBC, Natixis, and BNP’s Exane
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