White Tech of W Group Obtains MiCA Authorization for Continued Operation in EU

On April 23, 2026, HANFA, the Croatian Financial Services Supervisory Agency, gave White Tech the authorization to continue operation. Thanks to this authorization, White Tech now has the opportunity to continue operating in Croatia, but this time, under MiCA regulation.

Founder and CEO of WhiteBIT, Volodymyr Nosov, owns the majority of the company, which is part of the W Group ecosystem.

White Tech has been called the core infrastructure of W Group. White Tech specializes in crypto exchange services. Users can engage in high-speed crypto conversion and businesses can use it for smooth crypto transfers between them and users.

Benefits of Getting MiCA Authorization

Now that White Tech has received authorization, its services will be more regulated, and within the norms of HANFA supervision. That mandates the company to focus on user protection and risk management.

White Tech Among the First Croatian Companies to Receive Authorization Under MiCA

Until now, White Tech has operated as a virtual asset service provider (VASP) under the Act on Preventing Money Laundering and Preventing Terrorism Financing.

Thanks to the MiCA authorization, White Tech has become one of the first companies in Croatia to operate under the EU’s regulatory framework.

The authorization happened quickly. It was the result of a deadline announced by EU regulation that said all digital asset companies must receive MiCA authorization before July 1 if they want to continue to operate.

The Authorization May Lead to White Tech’s Expansion Across Europe

W Group already has a presence in 150 countries. But the authorization empowers its crypto arm, White Tech, to expand its services deeper into European territory.

Services may become stronger, and user protection may become more robust with the authorization. These factors play into W Group’s claimed vision to provide more secure crypto solutions to more people.

Amidst the news of authorization, the WhiteBIT coin price has surged by over 5.93% in the last 24 hours.

The utility crypto is currently trading at $57.84. Its market capitalization is upwards of 45 million and there has been a 113% increase in its trading volume.Other than the White Tech authorization news, WhiteBIT has also gained market attention due to its recent partnership with FC Barcelona.