W Group Expands in Europe as White Tech Gains MiCA Authorization

2 hour ago 3 sources positive

Key takeaways:

  • WhiteBIT's MiCA authorization signals a strategic European pivot by major centralized exchanges.
  • HANFA approval positions WhiteBIT ahead of competitors in the EU compliance race.
  • Regulatory clarity boosts WhiteBIT's institutional adoption but requires ongoing operational transparency.

WHITE TECH, a key infrastructure provider within the W Group ecosystem and majority-owned by Volodymyr Nosov, Founder and CEO of WhiteBIT, has secured authorization from the Croatian Financial Services Supervisory Agency (HANFA) to operate as a crypto-asset service provider (CASP) under the European Union's Markets in Crypto-Assets (MiCA) regulation. This milestone, announced on April 29, 2026, marks a significant step in W Group's European expansion strategy.

WHITE TECH focuses on core crypto exchange services, enabling seamless conversion between crypto-assets and fiat currencies, as well as executing crypto-asset transfers for businesses and users. With this authorization, WHITE TECH can now offer a range of regulated crypto services, including the exchange of crypto-assets for fiat and other crypto-assets, transfer services, and custody and administration of crypto-assets. The company will operate under the supervision of HANFA, ensuring compliance with MiCA's stringent requirements for governance, risk management, and user protection.

WHITE TECH is among the first companies in Croatia to receive authorization under MiCA, entering the EU's unified regulatory framework at an early stage. MiCA establishes consistent rules across all member states, aiming to increase market transparency and strengthen trust in the crypto-asset sector. This authorization reflects the company's continued growth trajectory as part of the broader W Group ecosystem, reinforcing its commitment to regulated markets.

About W Group: W Group is a global fintech ecosystem that simplifies blockchain and crypto access, serving 35 million users across 150 countries. At its core is WhiteBIT, the largest European crypto exchange by traffic, offering over 900 trading pairs, 340+ assets, and support for 8 fiat currencies. WhiteBIT also collaborates with major partners such as Visa, FACEIT, FC Barcelona, Juventus FC, and the Ukrainian national football team.

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