Ethena GmbH submitted an application to create a public USDe offering with BaFin as of Jul. 29, 2024… MiCA's grandfathering provision let Ethena GmbH issue USDe ‘during the authorization process.

  • Quote

Name

Ethena GmbH submitted an application to create a public USDe offering with BaFin as of Jul. 29, 2024… MiCA's grandfathering provision let Ethena GmbH issue USDe ‘during the authorization process.

Types

Quote

Sources

Regulator halts Ethena’s USDe stablecoin offering in Germany over concerns

Referenced by

Ethena applied for MiCA licensing on July 29, 2024, but continued offering USDe in Germany during the review period until BaFin denied the request on March 21, 2025.

Crypto news

Claim