German regulator prohibits sales of Ethena USDe

german-regulator-prohibits-sales-of-ethena-usde
German regulator prohibits sales of Ethena USDe

The German Federal Financial Supervisory Authority, BaFin, has ordered Ethena GmbH to stop all public sales of its stablecoin USDe. This comes after the German financial markets regulator found serious flaws in Ethena GmbH’s USDe approval process. Per the BaFin…

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