CACEIS Bank, the CACEIS group’s French banking entity, has been granted PSAN (digital assets service provider) status by the AMF, France’s financial markets authority. PSAN status enables CACEIS Bank to offer digital asset custody services to third parties, CACEIS says it is the first milestone in the development of a digital asset custody service that provides the same level of security as for traditional assets. CACEIS Bank claims to be the only French custody specialist currently granted PSAN status.
