Crypto Services Firm BCB Group Receives French Digital Asset and E-Money License

BlockBeats news, on April 29, according to CoinDesk, crypto service company BCB Group obtained a French digital asset and electronic currency license. BCB said that France's clear rules for responsible innovation in fintech and digital assets, as well as a vibrant banking and financial services ecosystem, are the reasons why the company decided to choose the country as its European regulatory base. The authorization of the French regulator will enable BCB to expand its institutional product offerings in Europe and further enable the company to work with virtual asset service providers (VASPs), TradFi institutions and other market participants.