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Deutsche Bank's DWS Group, Galaxy Digital Plan Euro-Backed Stablecoin Launch Pending Regulatory Approval
Wednesday, December 13, 2023 - 12:25pm | 566A 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 Bank’s (NYSE: DB) DWS Group, Dutch market maker Flow Traders Ltd.,...