Key facts
- WhiteBIT EU has secured authorization to operate in Austria under the Markets in Crypto-Assets Regulation (MiCA).
- The license was granted by the Austrian Financial Market Authority.
- This authorization allows WhiteBIT to offer regulated crypto-asset services across the European Economic Area (EEA).
- WhiteBIT plans to launch a new platform, whitebit.eu, specifically for EEA users.
- The company aims to establish a strong foothold and a robust digital asset ecosystem in the region.
WhiteBIT EU, operating as WB-Shield Innovations GmbH, has secured authorization to operate in Austria under the Markets in Crypto-Assets Regulation (MiCA). This significant step, granted by the Austrian Financial Market Authority, allows WhiteBIT to expand its regulated crypto-asset services across the European Economic Area (EEA).
Volodymyr Nosov, Founder and President of W Group, emphasized that the MiCA authorization is crucial for WhiteBIT's vision of establishing a strong presence and a robust digital asset ecosystem within the EEA. MiCA provides a unified regulatory framework for crypto asset providers in the European Union, covering governance, client protection, and market integrity.
With this strengthened regulatory position, WhiteBIT EU can now serve millions of retail and institutional clients in the region with compliant, secure, and accessible crypto services. As part of its adoption of the MiCA framework, WhiteBIT is preparing to launch whitebit.eu, a platform exclusively for EEA users, offering compliant access to its products. Interested individuals can register via email on the whitebit.eu website to be notified upon the platform's launch.