WHITE TECH Gains Croatia MiCA License to Operate as Crypto-Asset Service Provider

The company said authorization from the Croatian Financial Services Supervisory Agency (Croatia’s financial regulator) allows it to offer regulated crypto-asset services under the European Union’s MiCA framework (Markets in Crypto-Assets rules).

Summary

WHITE TECH said it has secured authorization in Croatia under MiCA (Markets in Crypto-Assets rules), allowing it to operate as a regulated crypto-asset service provider. The company is part of the W Group ecosystem and is majority-owned by Volodymyr Nosov, Founder and CEO of WhiteBIT. According to the provided information, the authorization was granted by the Croatian Financial Services Supervisory Agency (Croatia’s financial regulator). The approval is significant because MiCA creates a unified regulatory framework for crypto-asset businesses across the European Union, giving licensed firms a clearer legal basis to provide services in the region.

Terms & Concepts
  • MiCA: MiCA stands for Markets in Crypto-Assets, the European Union’s regulatory framework for crypto-asset businesses and related services.
  • Crypto-asset service provider: A regulated company that offers services involving digital assets, such as custody, trading, or other crypto-related business activities.
  • WhiteBIT: A cryptocurrency company linked in this case through ownership, as WHITE TECH is majority-owned by WhiteBIT Founder and CEO Volodymyr Nosov.