Decentralized finance (DeFi) protocol Ethena has agreed to wind down its operations in Germany. The decision comes three weeks after BaFin, Germany’s …
Copyright © Sovereign Wealth Signals
Tag:
German
-
-
Smart Contracts
Ethena’s USDe Stablecoin Sales Blocked by German Regulator Over ‘Serious Deficiencies’
by shayaanby shayaanUsde van Ethena Labs, the fourth largest stablecoin per market capitalization, can no longer be offered for sale by the German subsidiary …
-
Regulation
German regulator rejects Ethena Labs’ license application in the EU, suspects sUSDe is a security
by shayaanby shayaanGermany’s Federal Financial Supervisory Authority (BaFin) has rejected Ethena Labs’ application to issue asset-referenced tokens under the European Union’s Markets in Crypto-Assets …
-
Markets
German Regulator Identifies 'Deficiencies' in Ethena's USDe Stablecoin
by shayaanby shayaanThe German financial supervisory authority BaFin said it identified “serious deficiencies” in Ethena’s synthetic USDe stablecoin. Ethena is the yield-generating protocol. The …
-
Adoption
German stock exchange Deutsche Börse to launch crypto custody with new Clearstream service
by shayaanby shayaanClearstream, a subsidiary of Deutsche Börse, is set to launch crypto custody services for institutional clients. Deutsche Börse is Europe’s third-largest stock …
-
Analysis
$395,000,000,000 German Asset Manager Now Offering Crypto Trading, Custody and Management Services: Report
by shayaanby shayaanDekaBank, a German investment bank with $395 billion in assets under management, is reportedly rolling out crypto trading services for certain clients. …
-
Regulation
German Central Bank President Calls for Introduction of CBDCs To Protect European Sovereignty
by shayaanby shayaanThe president of Germany’s monetary authority is advocating for a central bank digital currency (CBDC). In a question-and-answer session with economists at …
-
DZ Bank has launched a platform for managing crypto securities, aiming to streamline capital market processes using blockchain technology. Collaboration with Ripple …
-
Regulation
German regulator orders Worldcoin to enhance privacy measures after biometric data probe
by shayaanby shayaanThe Bavarian State Office for Data Protection Supervision (BayLDA) has ordered Worldcoin to implement stricter privacy measures after concluding its investigation into …
-
Mining
German tradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid
by shayaanby shayaanGerman telecom giant Deutsche Telekom has partnered with Germany’s oldest bank, Bankhaus Metzler, to launch a pilot project testing Bitcoin mining infrastructure powered …