Yes for institutions and crypto firms, no for individuals. SG-FORGE is a stablecoin issuer and custodian, not a retail bank.
| Criterion | Score | Source |
|---|---|---|
| Accepts exchange transfers | partial (1) | source · checked 8 September 2026 |
| Stablecoin off-ramp | yes (2) | source · checked 8 September 2026 |
| Business accounts for Web3 | partial (1) | source · checked 8 September 2026 secondary source |
| Custody | yes (2) | source · checked 8 September 2026 |
| Staking and yield | no (0) | source · checked 8 September 2026 |
| Card | no (0) | source · checked 8 September 2026 |
| Multiple jurisdictions | partial (1) | source · checked 8 September 2026 |
| Open to retail | no (0) | source · checked 8 September 2026 |
Total 7 of 16. Yes scores 2, partial 1, no 0. A secondary source is press or a third party rather than the bank or its regulator. Unverified means no source could be found; the score stands until one is.
| Jurisdiction | France |
| Type | Traditional |
| Health tag | Solid Backed by Societe Generale, holds the first French digital-asset licence plus an e-money licence. · checked 26 August 2026 |
| Last verified | 8 September 2026 |
| 2023 | First full DASP (PSAN) licence ever granted by the AMF, in July 2023, covering custody, buying and selling against legal tender and crypto-to-crypto exchange, after DASP registration in September 2022. source |
| 2024 | Licensed as an electronic money institution by the ACPR from 1 July 2024 and EURCV restructured as a MiCA e-money token with whitelisting removed. source |
| 2025 | MiCA CASP authorisation A2025-007 / N2025-003 on 23 October 2025 for custody and administration and for transfer services, extended on 24 February 2026 to execution of orders. source |
No. SG-FORGE onboards institutional investors such as exchanges, market makers and brokers, plus corporate issuers. An individual can only get its EURCV and USDCV stablecoins through a third-party platform like Bitstamp, Bullish Europe, Bitvavo or Bitpanda.
Holders resident in the EEA have a right to redeem at par at any time. You email redemption.coinvertible@sgforge.com, pass KYC, AML and sanctions checks, and the issuer pays your bank account by the last business day of the following month at the latest. EU residents can also redeem through a Preferred Partner such as Bitstamp, which freezes the tokens while the request is processed.
Yes. It holds an electronic money institution licence from the ACPR since 1 July 2024, which makes EURCV and USDCV MiCA e-money tokens. It also has a MiCA CASP authorisation from 23 October 2025 for custody, transfer services and, since February 2026, order execution. Before that it was the first firm to get a full French PSAN licence, in July 2023.
Not directly. SG-FORGE has no yield product. The tokens are deployed on Morpho and Uniswap, and Bitpanda lets its retail customers lend them through its DeFi wallet, but that is a third-party service with its own risks.