Zero Hash Secures Virtual Asset Service Provider Registrations in both the Netherlands and Poland
Zero Hash establishes licensed on-shore presence in European Union and prepares for MiCAR licensing
AMSTERDAM, March 26, 2024 (GLOBE NEWSWIRE) — Zero Hash, the leading infrastructure for crypto and stablecoins, today announced that its Dutch and Polish subsidiaries have successfully received registrations as Virtual Asset Service Providers (“VASP”). Zero Hash Europe B.V. received its VASP approval from the Dutch Central Bank and Zero Hash Europe Sp. Zoo was authorized by the Tax Administration Chamber of Poland.
The VASP registrations deepen Zero Hash’s global regulatory stack which already includes licenses and registrations in the United States, Brazil, Canada, Australia and New Zealand. Zero Hash is the world’s leading infrastructure provider for crypto assets and stablecoins, powering groups including Stripe, Shift4 and Interactive Brokers.
Zero Hash has established a local European team and on-shore presence, including compliance staff, in the Netherlands. Leveraging its European registered entities, Zero Hash plans on receiving the necessary MiCAR license to continue to service over 740m Europeans. Beginning December 30, 2024, MiCAR licensed entities will be able to leverage a harmonized regulatory framework by passporting their licenses across the European Union.
“As a compliance-first company, trust is at the heart of how Zero Hash operates. We are pleased to expand our regulatory footprint in the European Union with our Dutch and Polish entities’ VASP registrations,” said Stephen Gardner, Chief Legal Officer of Zero Hash. “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.”
“Partners choose us for our regulated, proven and flexible API and SDK infrastructure. Our registrations reinforce Zero Hash’s position as the leading crypto and stablecoin infrastructure. Businesses who want to offer digital assets and stablecoins leverage Zero Hash as the one-stop global infrastructure solution, with the ability to integrate once and secure global access,” said Edward Woodford, Founder and CEO of Zero Hash.
