Zerohash Receives MiCA License Amid Mastercard Acquisition Talks
- Zerohash has obtained a license under the EU’s Markets in Crypto-Assets Regulation (MiCA) from the Dutch Authority for the Financial Markets (AFM).
- This license allows Zerohash to provide stablecoin and crypto products across all 30 European Economic Area countries.
- The company is now a registered crypto-asset service provider (CASP), facilitating tokenized assets and other blockchain-based financial products.
- Mastercard is reportedly in advanced talks to acquire Zerohash, with deal estimates ranging from $1.5 billion to $2 billion.
- In August, Mastercard announced plans to enable transactions in Circle’s USDC and Euro Coin in Eastern Europe, the Middle East, and Africa.
Zerohash’s MiCA license positions it as a key player in the European stablecoin market, enhancing its ability to serve financial institutions and fintech firms. The potential acquisition by Mastercard indicates growing interest in expanding stablecoin services globally.
With its recent licensing, Zerohash can now operate as a CASP across Europe while being eyed for acquisition by Mastercard at up to $2 billion.(Source)
