According to ChainCatcher, Societe Generale – Forge, a subsidiary of Societe Generale, announced that it has obtained the qualification to issue stablecoins, and its EURCV stablecoin has complied with the MiCA regulations that came into effect on June 30. SG Forge obtained the registration of Digital Asset Service Provider (DASP) in September 2022, and it has a legal status in digital asset custody, the purchase and sale of fiat currency and digital assets, and the exchange services between digital assets.
Additionally, SG Forge has updated its smart contracts so that transfers of the EUR CoinVertible (EURCV) stablecoin are no longer limited to whitelisted addresses.
