French Regulators Approve Banking Giants Crédit Agricole, Santander For Crypto Custody
Portfolio Pulse from Murtuza Merchant
CACEIS, a joint asset servicing division of Crédit Agricole and Santander, has been approved by French regulators to offer cryptocurrency custody services. This comes as the European Union prepares to enforce new cryptocurrency licensing regulations, MiCA, in 2024.
June 22, 2023 | 2:59 pm
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BlackRock recently submitted an application to manage an ETF correlated with the price of Bitcoin.
BlackRock's application to manage a Bitcoin-correlated ETF indicates the company's growing interest in the cryptocurrency sector. This could potentially attract more investors and increase the company's assets under management.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
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CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50