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    Home > Finance > DWS venture gets German finance regulator's approval for euro stablecoin
    Finance

    DWS venture gets German finance regulator's approval for euro stablecoin

    Published by Global Banking & Finance Review®

    Posted on July 2, 2025

    1 min read

    Last updated: January 23, 2026

    DWS venture gets German finance regulator's approval for euro stablecoin - Finance news and analysis from Global Banking & Finance Review
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    Tags:innovationblockchainCryptocurrenciesfinancial communitypayments

    Quick Summary

    DWS and Deutsche Bank's joint venture AllUnity has received BaFin approval to issue a euro stablecoin, a key step in digital currency regulation.

    DWS and Deutsche Bank Secure Approval for Euro Stablecoin Launch

    FRANKFURT (Reuters) -AllUnity, a joint venture that includes Deutsche Bank's asset manager DWS, said on Wednesday it had received a license by the German regulator BaFin to issue a euro stablecoin.

    The plans for the stablecoin have been in the works for more than a year.

    Stablecoins are digital tokens designed to keep a constant value and are backed by traditional currencies such as the U.S. dollar or euro.

    (Reporting by Tom Sims, Editing by Miranda Murray)

    Key Takeaways

    • •DWS and Deutsche Bank receive BaFin approval for euro stablecoin.
    • •The stablecoin aims to maintain a constant value backed by the euro.
    • •Plans for the stablecoin have been underway for over a year.
    • •BaFin's approval marks a significant regulatory milestone.
    • •Stablecoins are crucial in the evolving digital currency landscape.

    Frequently Asked Questions about DWS venture gets German finance regulator's approval for euro stablecoin

    1What is the purpose of the stablecoin issued by DWS?

    The stablecoin is designed to maintain a constant value and is backed by traditional currencies, such as the euro.

    2Which regulatory body approved the stablecoin?

    The German regulator BaFin has granted approval for the issuance of the euro stablecoin.

    3How long have the plans for the stablecoin been in development?

    The plans for the stablecoin have been in development for over a year.

    4Who are the main stakeholders in the AllUnity venture?

    AllUnity is a joint venture that includes Deutsche Bank's asset manager DWS.

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