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SocGen's Crypto Unit Takes Euro Stablecoin to Solana After Flopping on Ethereum

[today 7:00 AM] Stablecoins are becoming systemically important to the global financial economy, Bernstein wrote in a recent report.

Societe Generale-Backed Euro Stablecoin EURCV Starts Trading on Bitstamp

[Dec 6, 2023 6:15 AM] The listing marks the first time a euro stablecoin issued by a fully regulated bank is available on a cryptocurrency exchange.

Tokenization of RWAs Gets Push in Europe as AXA, Generali Buys SocGen's Green Bonds on Ethereum

[Dec 4, 2023 11:30 AM] SocGen said tokenized bonds provide greater transparency and traceability, as well as speedier transactions and settlements.

Societe Generale Division Forge Receives Crypto Services License From AMF

[Jul 19, 2023 11:30 PM] 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 France’s Autorité des Marchés Financiers, the license allows…

Societe Generale Becomes First Company to Win French Crypto License

[Jul 19, 2023 3:32 AM] SG Forge is licensed to provide buying and selling, exchange and custody of digital assets.

Ripple CEO: ‘Confusing’ US Crypto Rules Benefiting Europe

[May 22, 2023 10:30 PM] 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 this confusion, Brad Garlinghouse has said. The Ripple CEO…

Societe Generale Subsidiary Launches Euro Stablecoin, but Faces Criticism Over Smart Contract Issues

[Apr 21, 2023 2:00 PM] 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 the Ethereum blockchain. During the launch announcement, SG-Forge’s CEO…

Societe Generale's Crypto Division Introduces Euro Stablecoin on Ethereum

[Apr 20, 2023 3:06 AM] EURCV will be offered to institutional clients as a means of bridging the gap between traditional capital markets and digital assets.

French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud

[Mar 28, 2023 1:00 PM] 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 Bank, over alleged charges of money laundering and fiscal fraud. According…

Shares of Deutsche Bank, Other Euro Lenders Tumble

[Mar 24, 2023 3:30 PM] Deutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability of the global banking sector. The drop comes in the aftermath of the recent emergency rescue of Credit Suisse and…

Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens

[Jan 25, 2023 12:30 PM] Equity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms, including Microsoft. The tech giant’s recent conference call was considered disappointing, and earnings…

Wikipedia Editors List FTX’s Questionable Blunder as the Top Trading Loss of All-Time

[Dec 6, 2022 12:30 PM] Following the collapse of FTX at the beginning of November, two top executives from FTX and Alameda Research — Sam Bankman-Fried and Caroline Ellison — have been listed among traders with the top trading losses worldwide on Wikipedia. According to…