Stablecoin company Zerohash obtains EU MiCA license in the Netherlands

ChainCatcher news, according to Cointelegraph, the European branch of stablecoin company Zerohash announced on Sunday that it has obtained a license under the EU's Markets in Crypto-Assets Regulation (MiCA) from the Netherlands Authority for the Financial Markets (AFM). This enables the company to provide stablecoins and crypto products to banks, fintech companies, and payment platforms in 30 European Economic Area (EEA) countries.

The AFM's official registry confirms that Zerohash has become a registered Crypto Asset Service Provider (CASP). This approval allows Zerohash's European branch to operate as a CASP, providing core support to organizations exploring tokenized assets, stablecoins, and other blockchain-based financial products. Previous reports indicated that Mastercard plans to acquire crypto startup Zerohash for up to $2 billion.