ZBD BECOMES FIRST TO RECEIVE EU MICAR LICENSE APPROVAL
Pr Newswire - Dec 18th, 2024
ZBD, a pioneering payments company using Bitcoin's Lightning Network, has become the first to receive approval for the new EU crypto-asset service provider license under MiCAR. This positions ZBD as a leader in crypto-asset innovation and compliance within the EU, enabling it to expand its digital-native payments platform and enter new markets. The license allows ZBD to offer services such as crypto-asset custody and exchange, showcasing its adherence to high compliance standards. ZBD aims to revolutionize payments in gaming and entertainment by enabling fast, low-cost transactions. The company is also in the process of obtaining an Electronic Money Institution license to provide a broader range of fiat payment services in the EU.
RATING
The article provides a promotional overview of ZBD's achievement in receiving the MiCAR license, with a focus on its implications for the company's operations in the EU. While it offers a detailed account of ZBD's strategic positioning and future plans, it lacks a range of perspectives and relies heavily on the company's own statements.
RATING DETAILS
The article accurately reports ZBD's approval for the MiCAR license and its implications. However, it lacks external verification and relies heavily on company statements without additional factual support.
The article primarily presents ZBD's perspective and lacks input from independent sources or competitors. It does not offer a balanced view of the challenges or criticisms of MiCAR or similar companies' experiences.
The article is clearly written, outlining ZBD's achievements and future plans in a logical manner. The language is mostly neutral, but it does have a promotional tone typical of a press release.
The source of the article is a press release from ZBD, which inherently carries a promotional tone. While it provides insight into the company's strategy, it lacks citations from external, authoritative sources.
The article is transparent about its origins, being a company press release, but does not disclose potential conflicts of interest or affiliations. It lacks an acknowledgment of the promotional nature of the content.