MICAR

🚨 JUST IN: BITPANDA_GLOBAL has secured the MiCAR license from Germany’s Federal Supervisory Authority BaFin!

✅ A huge step towards regulated crypto services in Europe. What’s next for Bitpanda? 🌍💥

#CryptoRegulationBattle #Bitpanda #MiCAR #BaFin

🚨 Ethena Labs Exits Germany, Withdraws MiCAR Application

🇩🇪 Ethena Labs has announced its decision to cease operations in Germany and withdraw its MiCAR application, following an agreement with financial regulator BaFin.

🌐 This move reflects the increasing regulatory pressure on DeFi protocols in Europe and highlights the evolving challenges of compliance under the new MiCAR framework.

#EthenaLabs #DeFi #MiCAR #Web3 #Blockchain

$ENA Update: MiCAR Application Denied, But USDe is Still Rockin’ 🦺📣

Hey Ethena fam, quick update! #Ethena  ’s #MICAR application via Ethena GmbH was not approved. 😅 Bummer, right? But don’t stress – here’s why: 🔦🧐👇
▶️ No Disruptions: USDe listings, minting, and redemptions are still running smoothly.
▶️ No Frozen Assets: All funds are safe and available for redemption.
▶️ Alternative Frameworks: Ethena’s already exploring other regulatory options.

What’s Next? 🧐🔦💭
➡️ Revised Terms: Updates are coming next week.
➡️ Keep Building: MiCAR was just one option. Ethena’s still committed to compliance and innovation.

This is a bump, not a roadblock. $USDe is still fully backed and operational. Keep calm, HODL on, and trust the process. Ethena’s got this! 🥴🦾 DYOR! #ENA @Ethena Labs