- Zero Hash has expanded to the EU.
- The company secured two VASP registrations in different countries.
- The VASP registrations will enable the company to secure another key license.
Crypto-as-a-service infrastructure platform Zero Hash is keen on obtaining a digital assets license under the EU’s MiCAR regime following the registration approvals of its Dutch and Polish Subsidiaries, the company said on Tuesday.
Founded in 2017, Zero Hash operates as a B2B2C platform, allowing business platforms to integrate digital assets natively into their own customer experience seamlessly “through a matter of API endpoints.”
Zero Hash Establishes Regulated Presence in the EU
According to a press release dated March 26, Zero Hash’s Dutch and Polish subsidiaries have received registration approvals as Virtual Asset Service Providers (VASP) from the Dutch Central Bank and the Tax Administration Chamber of Poland, respectively.
Sponsored
Zero Hash Chief Legal Officer Stephen Gardner lauded the approvals, noting that it was an opportunity for the company to expand its regulatory footprint in the EU as it sought to leverage the upcoming “harmonized MiCAR framework.”
“Our VASP registrations in the EU provide the platform to leverage the upcoming harmonized MiCAR framework, which we believe places the EU as one of the forefronts of the global ecosystem,” Gardner stated.
Zero Harsh targets to “passport” its two licenses across the EU through its local registered entities and serve over 740 million Europeans under the MiCAR regime beginning December 30, 2024. The company has already established a local EU team, including compliance staff in the Netherlands, to prepare for this.
In addition to Poland and the Netherlands, Zero Hash has established a regulated presence in various other jurisdictions, including the United States, Brazil, Canada, Australia, and New Zealand.
Sponsored
Read about OKX’s in-principle approval for Singapore’s MPI license:
OKX Wins Singapore’s In-Principle Approval for MPI License
Stay updated on the latest crypto exchanges to fall on Hong Kong’s warning list:
