US EditionGerman regulator closes case against Ethena GmbH over USDe issuance
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9 Articles
`html German Regulator Finalizes Ethena Case! The German regulator, known as BaFin, has taken an important step in closing the dispute with Ethena GmbH over the USDe dispute. This resolution marks the end of a complicated chapter for both actors, ensuring stability and confidence in the European financial market. A Careful Plan for Stability At the heart of this resolution is a 42-day redemption plan, carefully designed to address investor conce…
German regulator closes case against Ethena GmbH over USDe issuance - WorldNL Magazine
Ethena Labs and Germany’s BaFin agreed on a 42-day USDe redemption plan, marking the end of a months-long regulatory dispute. Ethena Labs announced on Wednesday that the German Federal Financial Supervisory Authority, BaFin, and Ethena GmbH, the company’s German arm, have agreed on a redemption plan for USDe stablecoin holders. The regulator said it had initiated a 42-day redemption process for stablecoin holders. BaFin said USDe holders will ha…
USDe Token Holders In EU Given 42 Days To Redeem As Ethena GmbH Exits Market
BaFin gives USDe token holders until August 6 to redeem tokens under Ethena GmbH’s plan. Ethena GmbH exits EU market after MiCA compliance failure and regulatory wind-down. Over 5.6B USDe tokens remain in circulation, mostly outside EU regulatory oversight. The German Federal Financial Supervisory Authority (BaFin) has approved a 42-day redemption plan for USDe token holders linked to Ethena GmbH. The move, announced on June 25, 2025, marks the …
Bitcoin Insider
CoinjournalEthena price forecast as BaFin orders 42-day USDe redemption
BaFin has ordered a 42-day USDe redemption, ending Ethena GmbH operations. ENA price is struggling to hold the support near $0.26 amid consolidation. A break above $0.2700 could trigger short-term upside targets, while a break below could trigger a further decline. The price of Ethena (ENA) is under pressure as traders digest a major regulatory […] The post Ethena price forecast as BaFin orders 42-day USDe redemption appeared first on CoinJourna…
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