German financial regulator prohibits sales of Ethena’s USDe
BaFin, the German monetary regulatory authority, has prohibited all public gross sales of Ethena GmbH’s USDe (USDe) — an artificial greenback — claiming the token violates the European Union’s MiCAR rules and accused the agency of promoting unregistered securities within the area. BaFin ordered Ethena to freeze the reserve property that again the token, shut … Read more