Société Générale taps Bullish to debut MiCA-licensed USDCV stablecoin
Bullish’s European arm became the first exchange to list Société Générale-Forge’s new USDCV stablecoin under MiCA and BaFin oversight.
Bullish Europe has become the first platform to list Société Générale-Forge’s USDCV stablecoin, expanding access to regulated digital assets in the European Union.
According to a Tuesday announcement, Bullish is the first to offer USD CoinVertible (USDCV) to its customers through its German Federal Financial Supervisory Authority (BaFin) and Markets in Crypto-Assets Regulation (MiCA) regulated trading platform.
The news follows an early June announcement that the French financial services company Société Générale-Forge intended to launch the stablecoin with US-based financial services firm Bank of New York Mellon as the custodian.