BaFin Bans Ethena’s USDe Token in Germany Over Approval Process Flaws

Germany’s BaFin enforces a ban on Ethena GmbH’s USDe Token sales, citing approval process flaws and MiCAR noncompliance. The regulator freezes assets and orders website shutdowns while secondary trading remains unaffected.
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Coinbase in Talks to Acquire Crypto Options Exchange Deribit: Bloomberg

Coinbase is reportedly negotiating to acquire crypto options exchange Deribit, a move that could enhance its derivatives trading capabilities and regulatory positioning. The talks highlight broader trends in unifying crypto trading platforms to meet growing institutional demand.
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