Ethena Labs exits Germany, abandons MiCA license effort

ethena-labs-exits-germany,-abandons-mica-license-effort
Ethena Labs exits Germany, abandons MiCA license effort

Ethena Labs, the team behind the synthetic stablecoin USDe, announced it has shut down its German subsidiary, Ethena GmbH. Ethena Labs will also no longer pursue regulatory approval under the EU’s Markets in Crypto-Assets Regulation. The decision follows a March…

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