French regulator approves Hexarq, a subsidiary of French BPCE Bank, to conduct cryptocurrency business

PANews reported on December 20 that according to Cointelegraph, the French financial market regulator Autorité des Marchés Financiers (AMF) has approved French bank BPCE to conduct cryptocurrency business. According to the official notice issued by AMF on December 20, BPCE's cryptocurrency subsidiary Hexarq has obtained the Crypto Asset Service Provider (CASP) authorization. With the approval, Hexarq is officially authorized to provide a range of crypto services, including crypto custody and the purchase, sale and trading of cryptocurrencies in euros.

In addition, the official website shows that BPCE's Hexarq will begin providing cryptocurrency investment services in the Banque Populaire and Caisse d'Épargne networks in 2025.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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