Coin Gabbar Token

<p>CACEIS Bank, a leading European asset servicing provider, has obtained a crypto custody license in France, positioning itself as a trusted custodian for institutional clients. The registration timing proves advantageous as it allows CACEIS to bypass the forthcoming stricter regulations set to take effect in July. These regulations impose stringent Anti-Money Laundering measures and require detailed risk disclosures. Notably, more than 60 <strong><a href="https://www.coingabbar.com/en/crypto-currency-news/competition-soars-as-hong-kong-retail-crypto-trading-begins" rel="noopener noreferrer nofollow">crypto firms</a></strong>, including Binance, have registered with the French stock market regulator. Binance&#39;s local arm is currently under investigation for alleged non-compliance with Know Your Customer procedures and potential involvement in money laundering. Additionally, France has enacted a law restricting influencer marketing for local crypto companies, punishable by imprisonment, fines, and influencer bans.</p>

CACEIS Bank Secures Crypto Custody License, Avoids Stricter French Regulations

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