Ethena Agrees With Regulator to Withdraw From German Market
Decentralized finance (DeFi) protocol Ethena has agreed to wind down its operations in Germany. The decision comes three weeks after BaFin, Germany’s finance regulator, identified “serious deficiencies” in Ethena’s USDe token and said that the company was offering securities in Germany without approval. “We have agreed with BaFin to wind down all activities of Ethena … Read more