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 …
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BitGo Secures EU-Wide Crypto Access with BaFin MiCA License, Unlocking $1T Market Potential
by SKby SKKey Takeaways: BitGo has received a MiCA license from Germany’s BaFin, hence allowing controlled cryptocurrency services throughout the whole European Union.The license places BitGo as a major infrastructure supplier for …
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BitGo extends EU crypto services with BaFin MiCA license. BitGo supports both crypto-native and traditional finance firms. Major provider of digital asset infrastructure BitGo has been granted a Markets in …
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German Regulator Orders Stablecoin Issuer Ethena to Cease Operations, Cites MiCA Compliance Breaches
by SKby SKGermany’s financial watchdog has made its first major enforcement move under the European Union’s new crypto regulatory framework, ordering Frankfurt-based Ethena GmbH to shut down operations and liquidate its USDe …