Bitnovo Secures PSAN Registration in France
Bitnovo, a non-custodial cryptocurrency asset service provider, has reportedly registered as a digital asset provider (PSAN). Bitnovo Secures PSAN...
- Bitnovo, a non-custodial cryptocurrency asset service provider, has registered as a digital asset provider (PSAN).
- The French Financial Markets Authority (AMF) has granted Bitnovo the ability to provide its services in France.
- The designation of "Digital Asset Service Provider" (PSAN) was introduced in 2019, with the first certification awarded in 2023.
- The AMF has given this designation to several institutions, including CACEIS Bank.
- To offer certain services in France, such as custody of digital assets or operation of a digital asset trading platform, registration with the AMF is required.
- Bitnovo currently offers a user-friendly self-custodial wallet for interacting with cryptocurrencies.
The article provides positive news about Bitnovo's registration as a digital asset provider in France, indicating growth and expansion opportunities for the company.