CACEIS Bank was authorised by the ACPR, France’s banking and insurance regulator, following the advice of the AMF, France’s financial sector regulator, to provide crypto-asset services in accordance with the procedures laid out in Article 60 of MiCA, the European Markets in Crypto-Assets Regulation.
This is a major step in the roll-out of the group’s digital asset strategy, allowing it to offer the following services to third-parties:
- Custody and administration of crypto-assets
- Reception and transmission of orders (RTO)
- Transfers of crypto-assets
CACEIS Bank now benefits from European passporting that allows it to provide these services in all European Union countries.
Laurent Majchrzak, Group Head of Digital Assets at CACEIS, said: “We are proud to obtain this MiCA authorisation. It strengthens our position as a trusted third party, supporting the transformation of financial markets. By offering our clients the opportunity to invest in both traditional financial instruments and crypto-assets within the same portfolio, we are enhancing CACEIS’ value proposition.”
