WHITE TECH joins Croatia’s first MiCA-approved crypto firms

WHITE TECH has received authorization from Croatia’s Financial Services Supervisory Agency, HANFA, to operate as a crypto-asset service provider under MiCA.

The company is part of the W Group ecosystem and is majority-owned by Volodymyr Nosov, founder and CEO of WhiteBIT. The approval allows WHITE TECH to offer regulated crypto services under the EU’s common framework.

WHITE TECH supports crypto exchange services, fiat-to-crypto conversion, and crypto-asset transfers for businesses and users.

Under the MiCA approval, the company can provide exchange services, custody and administration of crypto assets, and transfer services. It must also follow EU standards for governance, risk controls, and customer protection.

Croatia’s MiCA market takes shape

WHITE TECH is among the first companies in Croatia to receive MiCA authorization. The approval places the firm inside the EU’s unified regulatory system at an early stage.

Croatia has already started licensing crypto firms under MiCA. Electrocoin received HANFA approval in April, becoming the first company registered under the country’s crypto licensing process.

MiCA creates common rules for crypto firms across EU member states. The framework covers transparency, authorization, supervision, and user protection for crypto-asset service providers.