Societe Generale’s (GLE) cryptocurrency division, SG Forge, has become the first company to receive a license to offer crypto services in France from the country’s financial regulator.

SG Forge is licensed to provide buying and selling, exchange and custody of digital assets as of July 18, according to the Autorité des Marchés Financiers (AMF)’s website.

While dozens of crypto firms, including the world’s largest cryptocurrency exchange, Binance, are registered with the AMF, SocGen’s crypto division is the first to receive a license.