Zerohash Secures EU Mica License As Mastercard Targets $2B Acquisition
- Zerohash receives EU licensing under MiCA, enabling stablecoin services across Europe. The license was granted by the Dutch Authority for the Financial Markets (AFM). Zerohash's European arm becomes a registered crypto-asset service provider (CASP). The approval arrives ahead of reports that Mastercard is eyeing a $2 billion acquisition of Zerohash. This development underscores increased institutional interest in stablecoins and blockchain infrastructure.
Founded in 2017, Zerohash offers critical infrastructure solutions to major institutions like Morgan Stanley, Franklin Templeton, and Stripe. The company's recent MiCA license approval enables it to serve banking institutions, fintech firms, and payment platforms throughout the 30 countries within the European Economic Area (EEA). The Dutch AFM's registry officially confirms Zerohash's status as a registered crypto-asset service provider (CASP), opening new avenues for blockchain-based financial services in the region.
The licensing allows Zerohash's European operations to act as a backbone for organizations exploring tokenized assets, stablecoins, and other innovative blockchain financial products. The move reflects broader industry trends toward regulatory clarity for stablecoins, which are increasingly seen as vital building blocks in the evolving DeFi and crypto markets.
While Zerohash has yet to comment publicly on the licensing, its recent progress coincides with significant developments involving Mastercard. Reports indicate that Mastercard is in advanced negotiations to acquire Zerohash in a deal valued between $1.5 billion and $2 billion. The potential acquisition underscores the company's strategic importance in the expanding global stablecoin and crypto infrastructure ecosystem.
Earlier this year, Mastercard announced initiatives to facilitate USDC and Euro Coin (EURC) settlements across Eastern Europe, the Middle East, and Africa (EEMEA), marking the first stablecoin settlement solutions available in the region. Additionally, in September, Kazakhstan's central bank joined forces with Mastercard and Solana to pilot a stablecoin pegged to the Kazakh tenge, part of the country's efforts to develop digital asset regulation and blockchain adoption.
As the crypto markets evolve and regulators establish clearer frameworks, Zerohash's EU license and potential acquisition highlight how traditional financial giants are positioning themselves within the blockchain and stablecoin space for future growth.
Related: China officially hates stablecoins, DBS trades Bitcoin options in Asia
Crypto Investing Risk WarningCrypto assets are highly volatile. Your capital is at risk. Don't invest unless you're prepared to lose all the money you invest.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.

Comments
No comment