WhiteBIT EU secures MiCA license in Austria to expand regulated crypto services

WB-Shield Innovations GmbH, operating as WhiteBIT EU, has received MiCA authorization from Austria’s Financial Market Authority, giving the exchange a regulatory base to expand compliant crypto services across the European Union. The approval came before the July 1 end of the grace period for crypto operators, after which exchanges and brokerages without a license would be in breach of EU rules. WhiteBIT said the authorization supports its strategy to grow within a transparent regulatory framework and will underpin the rollout of Whitebit.eu, a platform dedicated to the European market that will list only compliant products and assets. The company said the portal is already accepting waiting-list registrations and will exclude users from Malta. Volodymyr Nosov, Founder and President of W Group, said Europe remains central to WhiteBIT’s long-term plans and described MiCA as a global benchmark for digital-asset regulation. The exchange, founded in 2018 and now part of W Group, said it serves more than 35 million customers globally and was recording more than $889 million in daily trading volume as of June 21, with activity concentrated in Bitcoin and Ether markets.