Paxos EU
Legal name Paxos Issuance Europe Oy · Issuer of e-money tokens · 🇫🇮 Finland
Authorised e-money token issuer
Paxos EU is listed in the ESMA register as authorised by Finanssivalvonta (FIN-FSA) since 23 November 2022 — it holds that right as an electronic money institution.
Where Paxos EU stands among EU issuers
The register lists 25 authorised issuers of e-money and asset-referenced tokens in the EEA, of which Paxos EU is the only one based in Finland. Paxos EU issues under its status as an electronic money institution — MiCA reserves e-money tokens to credit institutions and electronic money institutions, and 20 of the issuers hold that same type of licence. 4 white papers are on file out of 45 notified by all issuers. Being on this list means the issuer must back the token with reserves, honour redemption at par and keep the white paper accurate; it says nothing about the token's liquidity or where it trades.
Notified tokens and white papers
| Digital Token Identifier | White paper | Offer from | Note |
|---|---|---|---|
| — | Open white paper | 29 Jun 2024 | |
| — | Open white paper | 29 Jun 2024 | |
| 2VT5W3GH7 group R9MZCNWS4 |
Open white paper | 9 Jun 2025 | machine-readable version made available |
| — | Open white paper | 19 Dec 2025 | Added the functionality to use USDG on X layer blockchain |
The DTI is the ISO 24165 identifier of the token. "EMT_NO_WP" or "EMT_CRIN" in the white paper column mean an authorised issuer that has not issued a token yet, or a credit institution not required to file one.
Identification
- Legal name
- Paxos Issuance Europe Oy
- LEI
- 743700KYSSTKZYGEUF50 · GLEIF record
- Competent authority
- Finanssivalvonta (FIN-FSA)
- Registered address
- Meritullinkatu 1 B 00170 HELSINKI
- Website
- paxos.com
- Underlying authorisation
- Electronic money institution
- Register entry updated
- 28 April 2026
Source: ESMA interim MiCA register (EMTWP.csv). Methodology.