cryptojournalist
Hexarq, the crypto subsidiary of French banking giant BPCE, just got the go-ahead from France’s financial regulator, the AMF. This means Hexarq can now handle crypto custody, trading, and euro-based transactions.
Bringing Crypto to Millions
Launched in 2021, Hexarq focuses on digital and tokenized assets. Starting in 2025, it plans to roll out crypto services through BPCE’s Banque Populaire and Caisse d’Épargne networks, which together serve 35 million customers. With €1.3 trillion in assets under management, BPCE’s move into crypto could be a game-changer.
France’s Tight Grip on Crypto
Hexarq is only the fourth company to receive AMF approval for crypto services, joining Société Générale’s Forge, Deblock SAS, and GOin SAS. The AMF started issuing these approvals in August 2024, ahead of the EU’s MiCA regulations coming into full force in December 2024.
