Paxos To Acquire Membrane Finance To Expand Its Presence In EU 

Quick Summary:

The acquisition is subject to regulatory approval.

The Markets in Crypto-Assets regulations are set to take effect across the EU on December 30, 2024.

Stablecoins are becoming increasingly more prevalent throughout the market as more use cases emerge for everyday users.

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Article Details

Author / Journalist: Nidhi Kolhapur

Category: Crypto

Markets: United StatesFinlandSingapore

Topics: Crypto Regulations News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 18:14:14 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 277 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23703252

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 28 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

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