German Regulator Orders Stablecoin Issuer Ethena to Cease Operations, Cites MiCA Compliance Breaches
Germany's financial watchdog has made its first major enforcement move under the European Union's new crypto regulatory framework, ordering Frankfurt-based Ethena GmbH to shut down operations and liquidate its USDe stablecoin business.
Germany's financial watchdog has made its first major enforcement move under the European Union's new crypto regulatory framework, ordering Frankfurt-based Ethena GmbH to shut down operations and liquidate its USDe stablecoin business. What's Your Reaction?
