Advertisement

DeepNewz

German Regulator BaFin Bans Ethena GmbH from Selling USDe Stablecoin Due to Serious Deficiencies in MiCAR Compliance
Regulation & Politics

German Regulator BaFin Bans Ethena GmbH from Selling USDe Stablecoin Due to Serious Deficiencies in MiCAR Compliance

The German Federal Financial Supervisory Authority (BaFin) has imposed a ban on Ethena GmbH, prohibiting the company from selling its USDe stablecoin to the public
LG to Shut Down NFT Marketplace Art Lab by June 17, Launched in September 2022, Withdraw Assets by April 30
NFTs & Web3

LG to Shut Down NFT Marketplace Art Lab by June 17, Launched in September 2022, Withdraw Assets by April 30

LG Electronics is set to shut down its NFT marketplace, LG Art Lab, after three years of operation
BaFin Prohibits Ethena GmbH from Offering USDe Stablecoin, Citing Serious Flaws and Non-Compliance with MiCAR
Regulation & Politics

BaFin Prohibits Ethena GmbH from Offering USDe Stablecoin, Citing Serious Flaws and Non-Compliance with MiCAR

The German Federal Financial Supervisory Authority (BaFin) has prohibited Ethena GmbH from offering its USDe stablecoin to the public, citing serious flaws in the company's approval process