Ethena Lab’s USDe Saga Ends: BaFin Forces 42-Day Redemption Plan After Regulatory Standoff

Ethena Labs has reached a final agreement with Germany’s financial regulator BaFin over the fate of its euro-area stablecoin, USDe, operations. The company announced on Wednesday that BaFin and Ethena GmbH, its German subsidiary, have agreed on a 42-day redemption plan for holders of the USDe stablecoin.USDe Redemptions End August 6 as Ethena GmbH Exits […]
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FHFA Head Bill Pulte Orders Fannie Mae, Freddie Mac To Consider Crypto As Mortgage Asset

U.S. Federal Housing Finance Agency (FHFA) Director Bill Pulte has ordered Fannie Mae and Freddie Mac to consider ways cryptocurrencies may be used in mortgage risk assessments, a Wednesday order from the FHFA reveals.FHFA To Consider Crypto As Mortgage Asset, Bill Pulte Says According to a June 25 X post from Pulte, the two government-sponsored […]
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Sen. Cynthia Lummis Says Both Crypto Market Structure Bill & GENIUS Act Must Pass This Year

Senator Cynthia Lummis (R-WY) encouraged her fellow U.S. lawmakers to advance both the GENIUS Act and broader crypto market structure overall in a Wednesday appearance on CNBC’s Squawk Box.Lawmakers Must Find Path Forward For Crypto, Cynthia Lummis Says Speaking with Squawk Box co-anchor Joe Kernen on June 25, Lummis expressed her hopes that both the […]
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