France’s financial regulator, the Autorité des Marchés Financiers (AMF), has authorized BPCE’s subsidiary Hexarq to provide cryptocurrency services, allowing it to operate as a crypto asset service provider (CASP). Hexarq will offer services such as custody, buying, selling, and trading cryptocurrencies, integrating these into BPCE’s banking networks, Banque Populaire and Caisse d’Épargne, by 2025. This approval positions BPCE as a key player in France's regulated crypto market, which currently has only four approved CASPs, reflecting the stringent regulatory environment.
