BaFin told Ethena to freeze the reserve assets that back the token, close down the website portal, and ordered the firm to stop taking new customers

Quote

Name

BaFin told Ethena to freeze the reserve assets that back the token, close down the website portal, and ordered the firm to stop taking new customers

Types

Sources

German financial regulator prohibits sales of Ethena’s USDe

Referenced by

BaFin ordered Ethena to freeze its reserve assets, shut its customer portal, and stop onboarding new users

Crypto news