Coindesk reported that AllUnity, a stablecoin company co-founded by Galaxy and others, plans to launch 'SEKAU', a stablecoin pegged to the Swedish Krona (SEK). SEKAU will be 100% backed by Swedish Krona reserves and issued in compliance with the European Union's (EU) cryptocurrency regulation (MiCA). It aims for a June launch after final regulatory and operational approval procedures.
