Santander, Crédit Agricole asset arm receives French crypto custody license By Cointelegraph

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CACEIS Bank, the asset servicing arm of Crédit Agricole and Santander (BME:), has received a crypto custody license in France, according to the regulator’s website on June 20.

CACEIS claims to be a European leader in asset servicing, offering services from clearing and fund administration to middle office outsourcing for asset managers, insurance companies, brokers, pensions and real estate funds, among other clients. As a crypto custodian, CACEIS will store users’ private keys, thereby increasing security for institutional clients.

CACEIS Bank registration with the Autorité des Marchés Financiers (AMF). Source: AMF