🇩🇪 Urgent: DWS, Galaxy, and Flow Traders Launch German Regulatory Euro Stablecoin Under MiCA Rules! 🚀
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📢 What's New?
– AllUnity, a joint venture between DWS (the asset management arm of Deutsche Bank), Galaxy, and Flow Traders, has announced the launch of its stablecoin EURAU.
– This stablecoin is pegged to the euro and fully regulated in Germany under European MiCA rules.
– AllUnity has obtained an Electronic Money Institution (EMI) license from the German regulator BaFin.
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💡 Why Is This Important?
– This is the first fully regulated euro stablecoin in Germany under MiCA, enhancing legitimacy and transparency.
– It provides a secure and regulated gateway for institutions and companies to access digital payments and tokenization.
– The partnership between traditional financial entities and the crypto world demonstrates the increasing adoption of digital assets.
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📈 Forecast:
– This stablecoin is expected to increase the efficiency of cross-border payments in Europe.
– It may serve as a model for future stablecoins compliant with regulations in the European market.
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❓Do you think these partnerships will accelerate the integration of stablecoins into the traditional European financial system?
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