Germany Blocks Major Altcoin's Stablecoin Offering Amid Regulatory Issues

Germany's financial regulator, BaFin, has intervened to stop Ethena GmbH, a subsidiary of the Frankfurt-based Ethena Labs, from offering its USD-pegged stablecoin, USDe, to the public.

Mar 22, 2025 - 16:40
Germany Blocks Major Altcoin's Stablecoin Offering Amid Regulatory Issues
Germany's financial regulator, BaFin, has intervened to stop Ethena GmbH, a subsidiary of the Frankfurt-based Ethena Labs, from offering its USD-pegged stablecoin, USDe, to the public.

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