Currenxie Secures EMI License in Ireland, Expanding European Operations; Digital Pound Foundation Acquired by Innovate Finance

Currenxie, a cross-border payments company headquartered in Hong Kong, has received authorization as an Electronic Money Institution (EMI) from the Central Bank of Ireland. This license enables Currenxie to operate across the European Economic Area (EEA), with Dublin serving as the group's regional headquarters. Currenxie specializes in simplifying global payments for businesses, offering solutions for collecting, exchanging, and sending money worldwide. The company already employs 12 people in Dublin and plans to expand its operations substantially over the next two years. In related news, the Digital Pound Foundation (DPF) has been acquired by Innovate Finance. The DPF, under Innovate Finance, will continue to shape the future of digital money in the UK. The Foundation remains committed to positioning the UK as a leader in financial innovation - fostering a dynamic, inclusive, and sustainable economy.