French Financial Institution SG Forge obtains stablecoin issuance qualification under the MiCA bill

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Golden Finance reported that Societe Generale - Forge, a subsidiary of Societe Generale, has announced its qualification for stablecoin issuance, and its EURCV stablecoin has already complied with the MiCA regulations effective as of June 30. SG Forge had obtained the registration of a digital asset service provider (DASP) as early as September 2022, which enables them to have a legal status in digital asset custody, buying and selling of digital assets with fiat currency, and exchange services between digital assets. In addition, SG Forge has updated its Smart Contract to allow the transfer of EUR CoinVertible (EURCV) stablecoin without being limited to Allowlist Address.

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GateUser-726a4cf3vip
· 2024-07-09 12:39
WAGMI 💪
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