Stablecoin company Zerohash has obtained the EU MiCA license in the Netherlands

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 Dutch Authority for the Financial Markets (AFM), allowing the company to provide stablecoins and crypto products to banking institutions, fintech companies, and payment platforms in 30 European Economic Area (EEA) countries.

The official AFM register 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. Previously, it was reported that Mastercard plans to spend up to $2 billion to acquire the crypto startup Zerohash.