Crypto Banking Firm BCB Group Secures Digital Asset and Electronic Money License in France

The payments firm has been authorized as an Electronic Money Institution and Digital Assets Services Provider.

BCB Group, a payments processor that links crypto firms to the banking system, plans to expand in Europe following regulatory approval in France, the company said in a press release on Monday. Authorization by the country’s regulators will allow BCB to grow its institutional product offering in Europe and further enable the company to collaborate with virtual asset service providers , TradFi institutions and other market participants, the company said.

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