Societe Generale takes on more crypto firms as clients, SG-FORGE CEO says [Yahoo! Finance]
ING Group, N.V. (ING)
US:NYSE Investor Relations:
ing.com/investor-relations.htm
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Source: Yahoo! Finance
the use of stablecoins by its corporate clients to grow, ?SG-Forge CEO Jean-Marc Stenger told Reuters, although take-up so far is limited. SocGen's crypto business has ?15 clients, which include crypto exchanges, brokers and wallet providers, but it is increasingly providing banking services for such companies as the ?crypto industry in Europe matures after last year's roll-out of landmark European Union crypto regulations, Stenger said. "More and more we see the connections we have established with crypto native companies through Societe Generale-Forge as a good way to deliver just traditional banking services to this entity," he added in an interview. Helped by President Donald Trump's administration, the ?crypto industry's connections to the mainstream ?financial system have grown in recent years with a clutch of crypto companies going public in the U.S. While banks have been experimenting with ways to use crypto tokens ?in their operations, there is little visibility on ho
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