Ethena

Ethena Labs Exits Germany, Ends MiCAR Pursuit Following BaFin Agreement

Ethena Labs Exits Germany, Ends MiCAR Pursuit Following BaFin Agreement

Leave a Comment / DeFi News, Ethena, MiCA Regulations, News, Stablecoin /

Key Takeaways: Ethena Labs’ exit from Germany and withdrawal from MiCAR approval is part of the mounting regulatory hurdles facing stablecoin issuers in the EU. The company’s swift migration of users and operations to its British Virgin Islands entity shows how crypto firms adapt by shifting jurisdictions to maintain business continuity amid local crackdowns. BaFin’s […]

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BaFin Bans Ethena’s USDe Token in Germany Over Approval Process Flaws

BaFin Bans Ethena’s USDe Token in Germany Over Approval Process Flaws

Leave a Comment / Blockchain News, Ethena, Germany, MiCA Regulations, News /

Key Takeaways: Experts suggest the suspension may drive crypto firms to innovate in risk management and streamline internal compliance—potentially setting new industry benchmarks. The regulator’s intervention is seen not merely as a punitive measure but as a wake-up call to reassess operational resilience in the evolving digital asset landscape. Market observers believe that such rigorous

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