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German Regulator BaFin Bans Ethena GmbH from Selling USDe Stablecoin Due to Serious Deficiencies in MiCAR Compliance

DATE POSTED:March 22, 2025
The German Federal Financial Supervisory Authority (BaFin) has imposed a ban on Ethena GmbH, prohibiting the company from selling its USDe stablecoin to the public