Big news in the European crypto space: Deutsche Bank’s asset management arm DWS, in partnership with Galaxy and Flow Traders, is set to launch a euro-backed stablecoin under Germany’s regulatory framework and EU’s Markets in Crypto-Assets (MiCA) rules.
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Aims to be the first fully MiCA-compliant euro stablecoin, signaling regulatory alignment
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Launched by major players: DWS (Deutsche Bank), Galaxy, and Flow Traders, adding institutional credibility
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Could boost euro-denominated crypto liquidity and support broader DeFi applications in Europe
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Reflects growing institutional interest and regulatory clarity in the European stablecoin market
This could be a strong investment opportunity due to its regulatory backing, major institutional partners, and first-mover advantage under MiCA. Show Less
