France's second-largest bank, Groupe BPCE, has received approval from the French financial regulator to offer Bitcoin and crypto investment services to its 35 million customers.
The bank's crypto-focused subsidiary, Hexarq, will provide services such as cryptocurrency custody, buying, selling, and trading against the Euro.
This move positions Groupe BPCE as a trailblazer in Europe's traditional banking sector and highlights the changing financial landscape.
By integrating crypto services, the bank aims to meet customer demand and stay ahead of the curve in a fast-evolving market.