ChainCatcher News, according to CrowdfundInsider, Paxos announced that it has obtained regulatory approval to complete the acquisition of Finnish electronic money institution Membrane Finance. The specific acquisition amount has not been disclosed yet. After the acquisition, Paxos will become an EMI (electronic money institution) with full license in Finland and the EU. This acquisition allows Paxos to expand its regulated platform and provide services to European customers in a secure and compliant manner.
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Paxos obtient l'approbation réglementaire pour finaliser l'acquisition de Membrane Finance, une institution finlandaise de Monnaie électronique.
ChainCatcher News, according to CrowdfundInsider, Paxos announced that it has obtained regulatory approval to complete the acquisition of Finnish electronic money institution Membrane Finance. The specific acquisition amount has not been disclosed yet. After the acquisition, Paxos will become an EMI (electronic money institution) with full license in Finland and the EU. This acquisition allows Paxos to expand its regulated platform and provide services to European customers in a secure and compliant manner.