This strategic move is aimed at accelerating Paxos’ commitment to compliant financial products and success of its stablecoins. USD-Backed Stablecoins in Europe Paxos, a regulated financial institution and provider of tokenized products has announced an agreement in principle to acquire Membrane Finance, a blockchain infrastructure company, subject to regulatory approval. With this acquisition, Paxos is […]
Source: https://news.bitcoin.com/paxos-to-acquire-membrane-finance-in-strategic-move-to-make-usd-backed-stablecoins-mica-compliant/