WHITE TECH has been authorised to supply its companies by the Croatian Monetary Companies Supervisory Company (HANFA) to supply its companies within the nation. The agency will function below European Union Markets in Crypto-Belongings (MiCA). WHITE TECH is a part of the W Group and is majority owned by Volodymyr Nosov, the founder and CEO of WhiteBIT.
WHITE TECH is a core infrastructure part inside the W Group. The platform gives a number of the greatest crypto change companies. WHITE TECH permits seamless conversion between crypto-assets and fiat. The agency additionally executes crypto-asset transfers for companies and customers.
The latest authorization permits WHITE TECH to supply a spread of regulated crypto companies in Croatia. They are going to provide companies corresponding to providing exchanges between crypto-assets and fiat currencies and different crypto-assets, switch of crypto-assets, and custody and administration of crypto-assets. It will likely be supervised by HANFA, adhering to MiCA requirements for governance, threat administration and client safety.
WHITE TECH is the primary firm in Croatia to be licensed below MiCA. It will likely be among the many first firms working below the EU’s unified regulatory framework. The MiCA regulation ensures uniform rules throughout the EU to boost transparency and foster confidence within the crypto-asset market.
The milestone displays the corporate’s continued development trajectory as a part of the broader W Group ecosystem, reinforcing its dedication to regulated markets.
About W Group
W Group is a global fintech ecosystem that makes blockchain and crypto easy, secure and accessible to all. Its mission is safety, professionalism and innovation, with 35 million customers and 150 nations around the globe. W Group is dwelling to WhiteBIT, the largest European cryptocurrency change by visitors, with greater than 900 foreign money pairs, 340+ property and eight fiat currencies. WhiteBIT companions with Visa, FACEIT, FC Barcelona, Juventus FC and the Ukrainian nationwide soccer group.
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