SvmuuCrypto infrastructure service provider Zerohash Europe has obtained an Electronic Money Institution (EMI) license from the Dutch Central Bank, becoming the first company to hold both an EU MiCA crypto license and a full EMI qualification.
Previously, in October 2025, Zerohash received a MiCA license from the Dutch Authority for the Financial Markets, enabling it to offer crypto asset services across the EU. With the acquisition of the EMI license, the company can now handle both crypto asset services and traditional electronic money flows, making it particularly suitable for stablecoin-related payment and settlement scenarios.
The European Banking Authority has previously clarified that certain stablecoin fund flows may be considered e-money activities, requiring relevant institutions to obtain additional EMI licenses. Zerohash stated that this dual-license structure will allow it to provide compliant infrastructure for banks, brokerages, fintech companies, payment service providers, and enterprise platforms across the European market.