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Ethena Shuts German Operations as BaFin Enforces MiCA Regulations

BaFin shuts down Ethena GmbH after MiCA license withdrawal.Firm failed MiCA standards on capital, segregation, and transparency.USDe operations move to Ethena (BVI) Limited outside...

BaFin Orders Halt of Ethena GmbH’s USDe Sales Due to Regulatory Violations

Germany’s financial regulator (BaFin) has delivered a directive that halts public sales of the USDe stablecoin developed by Ethena GmbH. The stablecoin pegged to...

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