Credit Agricole and Santander’s asset servicing branch CACEIS has reportedly registered with the French market’s regulator AMF as a Digital Asset Service Provider (DASP) on 20 June. With $4.51 trillion in assets under its management as of the end of 2022, CACEIS could now offer custody services for digital assets, in particular, cryptocurrencies. France, known for its progressive stance on crypto, was the first major European country to grant Binance approval. Other prominent French finance institutions, including Societe Generale and AXA, have already been listed as DASPs with the AMF.
Source: https://www.reuters.com
