Crédit Agricole, a well-known French bank, has obtained a valid license in France for the custody of crypto assets.
CACEIS Bank played a central role during this operation by acting as an intermediary. For those unfamiliar with it, CACEIS Bank provides services related to insurance, pension funds to large asset managers.
The action carried out by Crédit Agricole was probably an example for other giants in the banking world such as Deutsche Bank which recently requested a license for crypto custody from the German counterpart of the AMF.
The France Bank thus remains in step with the times after a large investment in a period in which large institutions are showing particular interest in crypto assets.
SOURCE: TheCryptoGateway
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Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.
