CACEIS obtains Digital Asset Provider status across Europe
10 December 2024 Europe
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CACEIS has obtained Digital Asset Service Provider (DSAP) status in France, following the launch of its digital assets business line at the start of 2024.
The company has also received Virtual Asset Provider (VSAP) status in both Spain and Luxembourg, which CACEIS says has strengthened its reputation among institutional and corporate clients across Europe.
The group will also continue to provide secure and regulated digital custodial services for cryptocurrencies and stable coins.
Philippe Bourgues, country managing director of CACEIS Bank Luxembourg branch, states: “I am delighted that our development plans have led to the creation of a digital asset centre of excellence here in Luxembourg, providing comprehensive support for group-wide clients operating within this new digital ecosystem.”
Global head of digital assets at CACEIS, Laurent Majchrzak, adds: “We are particularly proud to have successfully integrated our new digital asset services into our standard servicing offer. This greatly simplifies the entire process for clients who might be experimenting with Blockchain technology.”
The company has also received Virtual Asset Provider (VSAP) status in both Spain and Luxembourg, which CACEIS says has strengthened its reputation among institutional and corporate clients across Europe.
The group will also continue to provide secure and regulated digital custodial services for cryptocurrencies and stable coins.
Philippe Bourgues, country managing director of CACEIS Bank Luxembourg branch, states: “I am delighted that our development plans have led to the creation of a digital asset centre of excellence here in Luxembourg, providing comprehensive support for group-wide clients operating within this new digital ecosystem.”
Global head of digital assets at CACEIS, Laurent Majchrzak, adds: “We are particularly proud to have successfully integrated our new digital asset services into our standard servicing offer. This greatly simplifies the entire process for clients who might be experimenting with Blockchain technology.”
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