Deutsche Bank’s DWS Group, Galaxy Digital Plan Euro-Backed Stablecoin Launch Pending Regulatory Approval – Galaxy Digital Hldgs (OTC:BRPHF), Deutsche Bank (NYSE:DB)
A fully collateralized euro-backed stablecoin is expected to be launched within 18 months, pending the approval of an e-money license by Germany’s Federal Financial Supervisory Authority (BaFin). What Happened: Deutsche…