WHITE TECH, a part of the W Group, has been authorized by the Croatian Financial Services Supervisory Agency (HANFA) to operate as a crypto-asset service provider under the EU’s Markets in Crypto-Assets (MiCA) regulation.

MiCA Authorization and Services

This landmark authorization allows WHITE TECH to function as a fully regulated Crypto-Asset Service Provider (CASP) within the European Union. WHITE TECH plays a crucial role within the W Group, providing the infrastructure for crypto exchange services and facilitating conversions between digital assets and fiat currencies.

The company expertly manages crypto-asset transfers for both businesses and individuals, ensuring secure transactions. WHITE TECH is now authorized to offer a comprehensive suite of regulated crypto services, including:

  • Exchange of crypto-assets for fiat and other crypto-assets
  • Transfer services for digital assets
  • Secure custody and administration of crypto-assets

    • Regulatory Compliance and Market Impact

    Operating under HANFA’s supervision, WHITE TECH will adhere to MiCA’s requirements for governance, risk management, and user protection. This demonstrates the company’s commitment to integrity and trust within the crypto community.

    As one of the first companies in Croatia to secure MiCA authorization, WHITE TECH is at the forefront of the EU’s unified regulatory landscape. MiCA aims to enhance market transparency, investor confidence, and the overall integrity of the crypto-asset market.

    W Group and WhiteBIT

    This milestone reinforces the W Group’s commitment to operating within regulated markets and providing a secure platform for digital asset engagement. The W Group is a global fintech ecosystem serving over 35 million users in 150 countries.

    At the core of W Group is WhiteBIT, a leading European crypto exchange with high trading volume. WhiteBIT offers over 900 trading pairs, supports more than 340 assets, and facilitates transactions in 8 fiat currencies. Volodymyr Nosov, Founder and CEO of WhiteBIT, significantly backs WHITE TECH.

    WhiteBIT has established strategic partnerships with organizations like Visa, FACEIT, FC Barcelona, Juventus FC, and the Ukrainian national football team.