Disclaimer: Information found on CryptoreNews is those of writers quoted. It does not represent the opinions of CryptoreNews on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoreNews covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
AllUnity is set to be the inaugural licensed issuer of a euro-pegged stablecoin in Germany, introducing an asset that is entirely compliant with MiCA regulations.
AllUnity has secured an EMI (Electronic Money Institution) license from Germany’s Federal Financial Supervisory Authority (BaFin) and intends to launch the EURAU stablecoin, which will be denominated in euros. This asset will be fully backed by reserves and will provide institutional-level transparency, including required reserve attestations and regular reports to regulators. The issuance is anticipated to occur shortly.
AllUnity is a collaborative effort among Flow Traders, Galaxy, and DWS, a subsidiary of Deutsche Bank.
EURAU will facilitate instantaneous 24/7 cross-border transactions and integration with financial institutions, FinTech firms, corporate liquidity management systems, and other B2B clients.
Related Posts
Alexander Höptner, CEO of AllUnity, remarked that acquiring the license is not merely a formality but a significant milestone in establishing a transparent, secure, and compliant digital payments ecosystem within the EU and beyond.
DWS CEO Stefan Hoops underscored that the issuance of EURAU will enhance the EU’s financial sovereignty and set the groundwork for incorporating the euro into the blockchain economy.
Mike Kuehnel, CEO of Flow Traders, expressed that stablecoins play a crucial role in bridging traditional and digital markets, and that BaFin’s license will hasten the adoption of these assets.
Michael Novogratz, CEO of Galaxy, noted that EURAU will ensure secure and transparent transactions for institutional market players and businesses, acting as a vital connection in constructing the future European financial infrastructure.
Recently, Germany’s largest banking institutions officially announced plans to introduce crypto services for retail customers in 2026. Notably, representatives from Deutsche Bank are reportedly exploring the possibility of issuing their own stablecoin.
Сообщение Regulated Euro-Pegged Stablecoin to Be Issued in Germany появились сначала на CoinsPaid Media.
