Breaking New Ground in Digital Finance
Germany’s financial regulator BaFin has made a landmark decision, granting AllUnity an E-Money Institution (EMI) licence. This clears the path for Eurau – Europe’s first fully regulated Euro stablecoin under MiCAR rules. Significantly, this joint venture brings together three industry leaders: asset manager DWS, trading firm Flow Traders, and crypto specialist Galaxy.
Eurau: A Game-Changer for Digital Euros
The new stablecoin offers several key advantages:
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Backed 1:1 by Euro reserves
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Processes payments instantly, 24/7
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Designed for businesses and financial institutions
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Works with existing banking systems
“This represents a major step forward for regulated digital currencies,” a BaFin official stated.
Strong Industry Support
The project has powerful backers:
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DWS (Europe’s largest asset manager)
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Flow Traders (leading market maker)
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Galaxy (blockchain technology expert)
“We’re not just creating a stablecoin – we’re building the future of European finance,” said DWS CEO Stefan Hoops.
Competition Heats Up Across Europe
Meanwhile, France is making its own moves:
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Schuman Financial launched EURØP stablecoin
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Trading platform Assetera already uses it
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Both projects comply with MiCAR rules
“Fast trading needs fast money,” noted Martin Bruncko of Schuman Financial. “That’s what we’re delivering.”
Why This Matters for Everyone
These developments bring real benefits:
➤ Faster international payments
➤ Better cash management
➤ Safe digital Euro options
As Europe’s new crypto rules take effect, the continent is quickly becoming the world leader in regulated digital money.
