Paxos acquires Finnish electronic money institution Membrane Finance
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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