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Paxos Acquires Finnish Virtual Currency Firm Membrane Finance
2024-11-19 22:28
BlockBeats News, November 19th, Paxos announced the acquisition of the Finnish digital currency firm Membrane Finance. The specific acquisition amount has not been disclosed, and regulatory approval is required for this acquisition.
After the acquisition is completed, Paxos will become a fully licensed EMI (Electronic Money Institution) in Finland and the European Union.
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