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Societe Generale's Crypto Division Introduces Euro Stablecoin on Ethereum
20.4.2023
EURCV will be offered to institutional clients as a means of bridging the gap between traditional capital markets and digital assets
Societe Generale launches euro-pegged stablecoin on Ethereum
20.4.2023
The EURCV stablecoin is only available to institutional investors onboarded by Societe Generale through its KYC and AML procedures
French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud
28.3.2023
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 to a spokesperson for France’s Financial...
Shares of Deutsche Bank, Other Euro Lenders Tumble
24.3.2023
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 follows losses in U.S. banks on Thursday. Deutsche Bank...
France’s 3rd Largest Bank Societe Generale’s Subsidiary Obtains Registration as Digital Asset Service Provider
19.10.2022
Societe Generale-Forge, a subsidiary of France’s third-largest bank, has obtained registration with the Autorité des marchés financiers (AMF), the French financial markets regulator, as a digital asset service provider. Societe Generale’s Subsidiary Registers as Digital Asset Service...
Société Générale progresses in crypto space with digital asset services registration
17.10.2022
The large French bank was registered by the country’s stock market regulator to provide custody, buy/sell and trading services on Sept. 27 but made no announcement of it
Societe Generale's Crypto Division Forge Secures Registration With French Regulator
17.10.2022
Societe Generale's crypto division SG Forge has won registration from France's Autorité des Marchés Financiers (AMF) for cryptocurrency custody and trading services
USD Index Starts Inching Toward Highs Again, Société Générale Economists Say Rebound Towards 114.8 Peak ‘Is Not Ruled Out’
9.10.2022
In 2022, the U.S. dollar has been very strong, despite the global economy’s downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a high of 114.8 and since then, the index has pulled pack and a recent analysis from economists at Société...
Societe Generale launches custodial services for crypto fund managers
21.9.2022
The firm is also in the process of testing a digital euro together with the European Central Bank
Societe Generale Introduces Services for Asset Managers Developing Crypto Funds
21.9.2022
Societe Generale is offering new services for asset managers that want to offer crypto funds to their clients
Gold ‘Clearly Turned Bearish’ Says Societe Generale as TD Securities Strategists Expect Further Downside
20.7.2022
According to market analysts, the precious metal gold is officially in a bear market and prices could remain suppressed over the next few weeks. Moreover, while the macroeconomic backdrop has been gloomy, the popular safe haven asset has lost 17.50% in value against the U.S. dollar during the last...
Societe Generale Selects Swiss Crypto Custody Specialist Metaco For Security Token Push
30.6.2022
French lender Societe Generale has selected Swiss cryptocurrency custody firm Metaco to work with the bank’s digital asset subsidiary SG FORGE
Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June
6.5.2022
While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against the Japanese yen and a number of other currencies. The greenback has seen five weeks of consecutive gains following the Federal Reserve’s 50 basis point...
Third-Largest Bank in France Societe Generale Proposes Use of Defi Protocol Makerdao
1.10.2021
French multinational investment bank and financial services company, Societe Generale, has proposed to leverage the decentralized finance (defi) protocol Makerdao. The proposal dubbed “Security Tokens Refinancing” was published on October 1 to Makerdao’s forums and...
Maker Rises as Societe Generale Asks for Loan Backed by Bond Tokens
1.10.2021
stablecoins using a tokenized bond as collateral.As of 13:40 UTC, MKR was up by 7.5% over the past 24 hours to trade at USD 2,443. The price was rallying even before almost the whole market moved higher sharply, with
Societe Generale proposes historic $20M DAI loan in exchange for bond tokens
1.10.2021
The digital assets division of the international bank wants to provide home loan-backed security tokens as collateral for the loan
Nendoroid And Figma Company Sued Over Mistreatment, Sexualized Toys
16.9.2021
In 2020, popular figurine manufacturer Good Smile Company sued two former vice presidents, Guy Brand and James Young-sik Kim, for competing with its merchandise business while employed at GSC. In response, the former employees have filed a cross-complaint claiming that GSC actively profited from...
European Investment Bank Distributes $121 Million in Ethereum-based Digital Bonds
29.4.2021
The European Investment Bank (EIB), the investment bank owned by the EU Member States, has announced the issuance of the organization’s first-ever digital bond built on a public blockchain. The bond was issued using Ethereum and the issuance invoked $121 million two-year bonds placed with...
Société Générale Launches Blockchain-Based Structured Product
19.4.2021
French financial services giant Société Générale has issued security tokens on Tezos’ public blockchain as part of its ongoing experimentation with cutting-edge fintech applications. Latest Move Reflects Bank’s Efforts to Fold Cryptocurrency Operations Into...
One of Europe’s largest investment banks issues security token on Tezos
15.4.2021
Société Générale continues its crypto and blockchain experimentation by issuing a tokenized security on the Tezos network