Societe Generale

There are a total of 8 articles associated with Societe Generale.
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The stablecoin marks the first time a regulated European bank has made a euro-pegged stablecoin available on a crypto exchange

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The transaction amounts to 10 million euros, or roughly $10.8 million, and has a maturity of three years

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Societe Generale’s SG-Forge became the first crypto firm to gain a full license in France back in July

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SG-Forge, the company’s crypto outfit, registered with France in September 2022

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A “reputable agent” separate from the bank’s crypto team will manage the stablecoin’s collateral

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In August, MakerDAO added the bank’s digital asset-focused subsidiary, Societe Generale–Forge, to its vaults with a credit limit of $30 million in DAI after a unanimous vote

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European plans for a Central Bank Digital Currency (CBDC) are moving from a research and experimental phase to practical applications.

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Société Générale will experiment with using regulated security tokens on Ethereum to back a stablecoin loan in historic merging of TradFi and DeFi.

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