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Deutsche Bank’s DWS, Galaxy and Flow Traders to Introduce German-Regulated Stablecoin

Summary by Coin Desk
A joint venture between Deutsche Bank’s (DBK) asset management subsidiary DWS, Flow Traders and Galaxy (GLXY) said it will issue Germany’s first regulated, euro-denominated stablecoin after receiving an e-money institution (EMI) license from the Federal Financial Supervisory Authority (BaFin) this week.The AllUnity EURAU stablecoin, which will comply with Europe’s Markets in Crypto Assets (MiCA) framework, was teased by the companies back in Dec…

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Deutsche Bank's DWS partners Galaxy for Europe's first MiCA-compliant EURAU stablecoin as Germany launches first euro digital currency.

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manager magazin broke the news in on Wednesday, July 2, 2025.
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