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🚀 AllUnity Secures EMI License from German Regulator

According to PANews, AllUnity, a joint venture of Deutsche Bank's DWS, Flow Traders, and Galaxy Digital, has received an Electronic Money Institution (EMI) license from the German Federal Financial Supervisory Authority (BaFin) as of July 1. This development follows previous reports that Deutsche Bank's DWS Group, Dutch market maker Flow Traders Ltd., and cryptocurrency fund manager Galaxy Digital Holdings Ltd. were planning to establish a company focused on issuing euro-denominated stablecoins under the name AllUnity. The initiative aims to promote broader mainstream adoption of tokenized assets.

#AllUnity #EMILicense #GermanRegulator #DeutscheBank #DWS #FlowTraders #GalaxyDigital #Stablecoins #TokenizedAssets
🚀 Deutsche Börse to Integrate Euro Stablecoin EURAU in Digital Asset Strategy

According to PANews, Deutsche Börse has announced the integration of the euro stablecoin EURAU, issued by AllUnity, as part of its digital asset strategy. This move follows the previous support for Circle's EURC and Société Générale's Forge division's EURCV. Initially, EURAU will be available through Deutsche Börse's central securities depository, Clearstream, offering institutional-grade custody services, with plans to expand across its full service system in the future.

EURAU is issued by an electronic money institution licensed by Germany's BaFin and aligns with the MiCA framework. Deutsche Börse's domestic stock market capitalization is approximately $2.23 trillion, with 474 listed companies.


#DeutscheBörse #EuroStablecoin #EURAU #DigitalAssets #CircleEURC #EURCV #Clearstream #InstitutionalCustody #MiCA #BaFin #AllUnity #SociétéGénérale #ElectronicMoney #StockMarket #TrillionMarket #Germany
🚀 Launch of Swiss Franc-Backed Stablecoin CHFAU by AllUnity

AllUnity, a collaboration involving Deutsche Bank's DWS, Flow, and Galaxy, has introduced a new stablecoin backed by the Swiss franc, named CHFAU. According to NS3.AI, this ERC-20 token adheres to the EU's MiCA regulation and is currently accessible exclusively to institutional and professional investors. The company intends to extend CHFAU support to additional blockchains later this year, building on their previous release of the euro-backed stablecoin EURAU.

#SwissFranc #Stablecoin #CHFAU #AllUnity #DeutscheBank #DWS #Flow #Galaxy #ERC20 #MiCAregulation #InstitutionalInvestors #ProfessionalInvestors #Blockchain #EU #EURAU
🚀 New Stablecoin Pegged to Swiss Franc Launched by German Firm

German company AllUnity has introduced a new regulated stablecoin linked to the Swiss franc. According to NS3.AI, this development aligns with predictions from major banks and analysts who foresee a notable appreciation of the Swiss franc. The stablecoin is designed to provide investors with a stable digital asset anchored to a currency traditionally considered a safe haven.

#stablecoin #Swissfranc #digitalasset #AllUnity #regulation #safehaven #currency #blockchain #cryptocurrency