Paxos to acquire Finnish electronic money institution Membrane Finance
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PANews, November 19 - According to the official blog, blockchain and tokenization infrastructure platform Paxos announced that it has agreed to acquire Membrane Finance (Membrane), a licensed electronic money institution (EMI) headquartered in Finland. The acquisition is subject to regulatory approval. Upon completion, Paxos will become a fully licensed EMI in Finland and the European Union.
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