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Paxos acquires Finnish electronic money institution Membrane Finance

Paxos acquires Finnish electronic money institution Membrane Finance

CointimeCointime2024/11/19 16:22
By:Cointime

Golden Finance reported that Paxos, a blockchain and tokenization infrastructure platform, has announced its agreement to acquire Membrane Finance, a licensed electronic currency institution in Finland. The transaction is subject to regulatory approval, and upon completion, Paxos will obtain electronic currency institution (EMI) licenses in Finland and the European Union.

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