W Group Advances European Expansion as White Tech Obtains MiCA Authorization
WHITE TECH, a part of the W Group ecosystem and majority-owned by Volodymyr Nosov, Founder and CEO of WhiteBIT, has received authorization from the Croatian Financial Services Supervisory Agency (HANFA) to function as a crypto-asset service supplier (CASP) beneath the European Union’s Markets in Crypto-Assets (MiCA) regulation.
Within the W Group ecosystem, WHITE TECH serves as a core infrastructure element, specializing in crypto trade providers, enabling seamless conversion between crypto-assets and fiat, as effectively as the execution of crypto-asset transfers for companies and customers.
The authorization permits WHITE TECH to offer a variety of regulated crypto providers, together with the trade of crypto-assets for fiat currencies and different crypto-assets, switch providers, as effectively as custody and administration of crypto-assets. The firm will function beneath HANFA supervision, in keeping with MiCA’s necessities for governance, threat administration, and consumer safety.
WHITE TECH is among the many first firms in Croatia to obtain authorization beneath MiCA, getting into the EU’s unified regulatory framework at an early stage. MiCA establishes constant guidelines throughout member states, aimed toward rising market transparency and strengthening belief within the crypto-asset sector.
The milestone displays the corporate’s continued development trajectory as a part of the broader W Group ecosystem, reinforcing its dedication to regulated markets.
About W Group
W Group is a worldwide fintech ecosystem that makes blockchain and crypto straightforward, safe, and accessible for everybody. It is constructed on the values of safety, professionalism, and innovation, serving 35 million customers throughout 150 international locations worldwide. At the middle of W Group is WhiteBIT, the biggest European crypto trade by site visitors, providing over 900 buying and selling pairs, 340+ belongings, and supporting 8 fiat currencies. WhiteBIT collaborates with Visa, FACEIT, FC Barcelona, Juventus FC, and the Ukrainian nationwide soccer staff.
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