Search results for AllUnity
Crypto
Japan\'s Deutsche Bank pushes to launch institutional BTC, ETH custody this year
Deutsche Bank in Japan is awaiting regulatory approval to launch a digital asset custody service for European institutional investors and corporate clients. If licensing procedures are completed as planned, it aims to begin the service for its first customers within 2026, initially supporting bitcoin, ether and some stablecoins including Circle’s USDC and EURC and AllUnity EUR. The bank is pursuing authorisation under the EU’s MiCA framework.
Crypto
AllUnity launches Swedish krona stablecoin SEKAU
AllUnity has launched SEKAU, a Swedish krona-pegged stablecoin issued as an e-money token under the European Union’s MiCA crypto regulatory framework, Cointelegraph reported on June 19. The token is backed by segregated Swedish krona reserves and is pegged 1:1 to those reserves, the company said. SEKAU targets inter-institution payments and cross-border remittances and is launching across five blockchain networks.
Crypto
AllUnity to issue SEKAU Swedish krona-pegged stablecoin
AllUnity, a European regulated stablecoin issuer backed by DWS, Flow Traders and Galaxy, will issue SEKAU, a stablecoin pegged to the Swedish krona. SEKAU will be backed 1:1 by Swedish krona reserves and issued as a regulated e-money token under the EU’s Markets in Crypto-Assets Regulation (MiCA). Holders will have a legal right to redeem at par. The token is designed for institutions, fintechs and corporates, with a June launch planned.
