BTCUSDT The German Federal Financial Supervisory Authority announced that it had found serious flaws in Ethena GmbH's approval process for USDe tokens and ordered immediate enforcement measures to prohibit Ethena GmbH from further offering its USDe tokens to the public and instruct the company to have the custodian freeze the corresponding asset reserves.Ethena Labs: The decision will in no way disrupt any current listings of USDe, or minting and redemption via Ethena (BVI) Limited (which services the vast majority of our mint users) and USDe remains fully backed. No assets have been "frozen" and all remain available for redemption. We will be revising our Terms accordingly in the coming week.
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