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Asset manager DWS is planning to launch the first regulated euro-backed stablecoin in 2025 under a new joint venture firm called AllUnity, the firm’s CEO Stefan Hoops told Reuters on July 11. Hoops said the stablecoin will be fully regulated under Germany’s financial regulator, BaFin. He added that the firm expects crypto investors to create [&#8230;]

DWS Confirms Plans To Launch First Regulated Euro-Backed Stablecoin In 2025

YEREVAN (CoinChapter.com) — Asset manager DWS has confirmed plans to launch the first regulated euro-denominated stablecoin in 2025. The new stablecoin will be managed under a joint venture firm named AllUnity. Stefan Hoops, CEO of DWS, shared these developments with Reuters on July 11, 2024. The stablecoin will operate under the supervision of Germany&#8217;s financial [&#8230;]

DWS Announces First Regulated Euro-Backed Stablecoin Set for 2025

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DWS, an asset management firm owned by Deutsche Bank, is preparing to launch the first euro-denominated stablecoin regulated by Germany&#8217;s Federal Financial Supervisory Authority (BaFin).

DWS Unveils Plans for Germany’s First Regulated Euro Stablecoin by 2025

Asset manager DWS is planning to launch the first regulated euro-denominated stablecoin in 2025 under a new joint venture firm called AllUnity, the firm&#8217;s CEO Stefan Hoops told Reuters on July 11. Hoops said the stablecoin will be fully regulated under Germany&#8217;s financial regulator, BaFin. He added that the firm expects crypto investors to create [&#8230;]

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DWS Confirms Plans To Launch First Regulated Euro-Backed Stablecoin In 2025

DWS Announces First Regulated Euro-Backed Stablecoin Set for 2025

DWS Unveils Plans for Germany’s First Regulated Euro Stablecoin by 2025

DWS confirms plans to launch first regulated euro-backed stablecoin in 2025