Bitcoin in your account? A large French bank offers BTC

This is a great first time in France. After the crypto exchanges, it is the turn of a bank to obtain the PSAN registration (Provider of Services on Digital Assets) with the Autorité de Marché Financiers (AMF). Very difficult to earn, the precious sesame paves the way to cryptocurrencies for its lucky owner.

A bank will finally offer crypto services in France

France now has a new actor registered as PSAN, bringing his total to thirty-one. But the latest winner to join the table of service providers differs from the previous ones. In fact, this time it is a bank that enters the round and not a company specialized in crypto, immediately tailor-made for this type of service.

And nuances matter. Beyond being an independent financial institution, Delubac & Cie is a PSAN different from the previous 30. Founded in 1924, the bank offers a wide range of services for companiesfrom individuals or even administrators.

This institution, almost a century old, is not (a priori) specialized in the cryptocurrency and blockchain sector, which in theory can constitute an additional obstacle (which adds to the environmental reluctance in France) to offer such services. This, therefore, testifies to a real desire to embrace modernity and even more: the future! Because as you most likely know if you read these lines, Bitcoin and cryptocurrencies are here to stay.

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Thanks to PSAN: Bitcoin, Ethereum and Tezos on the menu

About his Blogthe bank Delubac & Cie it even specifies the scope of services you will offer, initially.

« Initially, the first three digital assets offered will be Bitcoin, Ethereum, and Tezos. This offer will allow to invest in digitized or tokenized real assets, as well as NFT (Non-Fungible Token, Non-Fungible Token) and have access to participation. »

Therefore, it will be possible to buy BTCof the’ETH and you XTZ and entrust them to the institution that will keep them on behalf of its clients. If the presence of the two largest cryptocurrencies in the sector does not surprise anyone, the availability of Tezos (XTZ) may challenge at first glance. The protocol only targets the 48th largest cap. However, this protocol occupies a privileged place in France, in particular with institutions and the banking sector.

For several years, the Société Générale is very interested in Tezos and their solutions, in particular to issue “tokenized” securities. The PSAN registration of a French bank is therefore an interesting step forward for the tricolor crypto landscape.

Even French banks are starting to offer crypto services. Get ahead and prepare for the future by registering on the Swissborg referral platform. Up to €100 in free cryptocurrency awaits you there (affiliate link, in exchange for a minimum deposit of €50).

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