Key facts
- WhiteBIT EU has obtained authorization under the EU's Markets in Crypto-Assets Regulation (MiCA) from Austria's Financial Market Authority.
- The license allows WhiteBIT to offer regulated crypto services across the European Economic Area (EEA).
- Companies authorized in one EU member state can passport services across the EEA under MiCA.
- WhiteBIT plans to launch a dedicated European platform, whitebit.eu.
- Austria is one of the first EU jurisdictions to fully transition to the MiCA framework, with no grandfathering provisions beyond Dec. 31, 2025.
Crypto exchange WhiteBIT has obtained authorization under the European Union's Markets in Crypto-Assets Regulation (MiCA) from Austria's Financial Market Authority. This license allows the company to offer regulated crypto services across the European Economic Area (EEA) through a single authorization, ahead of the July 1 deadline for the EU's unified crypto framework.
Under MiCA, crypto companies authorized in one EU member state can passport their services across the EEA without obtaining separate licenses in each jurisdiction. WhiteBIT stated that this authorization will support the launch of a dedicated European platform, whitebit.eu.
Austria did not extend grandfathering provisions for virtual asset service providers beyond December 31, 2025, making it one of the first EU jurisdictions to fully transition to the MiCA framework. The Austrian Financial Market Authority has licensed nine crypto-asset service providers under MiCA, describing application volume as significant.
The approaching deadline has increased scrutiny on exchanges that have yet to secure authorization. Data suggests that approximately 7.6 million of the 18.5 million crypto app downloads recorded in Europe between May 2025 and May 2026 were linked to exchanges not listed on public MiCA authorization registers. The European Securities and Markets Authority has advised companies remaining unauthorized after July 1 to implement wind-down and client migration plans.