Zerohash secures MiCA license under the European Union, allowing it to offer stablecoin services across all 30 EEA countries. The Dutch AFM confirmed Zerohash as a registered CASP, enabling the company to provide stablecoin and crypto products to banking institutions and payment platforms.

Mastercard is reportedly in advanced talks to acquire Zerohash for a deal valued between $1.5 billion and $2 billion. This potential acquisition follows Mastercard’s efforts to expand its presence in the stablecoin space, such as enabling transactions in Circle’s USDC and Euro Coin in the EEMEA region.

Kazakhstan’s central bank collaborated with Mastercard and Solana on a pilot project involving a stablecoin pegged to the local tenge currency. The Evo stablecoin, issued by Intebix Crypto Exchange and Eurasian Bank, is part of the country’s Digital Assets Regulatory Sandbox to explore blockchain-based financial products.

Read more at Cointelegraph: Zerohash Wins EU MiCA License As Mastercard Eyes $2 Billion Acquisition