BCB Group has obtained a digital asset and electronic money license in France

ChainCatcher news, according to CoinDesk, the crypto service company BCB Group has obtained a digital asset and electronic money license in France.

BCB stated that France's clear rules for responsible innovation in fintech and digital assets, along with a vibrant banking and financial services ecosystem, are the reasons the company chose the country as its European regulatory base. The authorization from French regulators will enable BCB to expand its institutional product offerings in Europe and further allow the company to collaborate with virtual asset service providers (VASP), TradFi institutions, and other market participants.