WHITE TECH, part of the W Group ecosystem and majority-owned by Volodymyr Nosov, Founder and CEO of WhiteBIT, has received authorization from the Croatian Financial Services Supervisory Agency (HANFA) to operate as a crypto-asset service provider (CASP) under the European Union’s Markets in Crypto-Assets (MiCA) regulation.
Within the W Group ecosystem, WHITE TECH serves as a core infrastructure component, focusing on crypto exchange services, enabling seamless conversion between crypto-assets and fiat, as well as the execution of crypto-asset transfers for businesses and users.
This positioning makes WHITE TECH a critical bridge between traditional financial systems and the digital asset economy, supporting both retail users and institutional clients seeking compliant pathways into the crypto market.
The authorization enables WHITE TECH to provide a range of regulated crypto services, including the exchange of crypto-assets for fiat currencies and other crypto-assets, transfer services, as well as custody and administration of crypto-assets.
The company will operate under HANFA supervision, in line with MiCA’s requirements for governance, risk management, and user protection. These standards encompass strict capital requirements, operational resilience measures, and robust safeguards designed to protect client funds, ensuring that users benefit from the same level of oversight associated with established financial institutions.
WHITE TECH is among the first companies in Croatia to receive authorization under MiCA, entering the EU’s unified regulatory framework at an early stage. MiCA establishes consistent rules across member states, aimed at increasing market transparency and strengthening trust in the crypto-asset sector.
By securing authorization early in the regulatory rollout, WHITE TECH positions itself to operate across the European Economic Area through MiCA’s passporting provisions, allowing the company to extend its services to clients in other EU jurisdictions without the need for separate national licenses.
Croatia’s emergence as a hub for regulated crypto activity adds further significance to the milestone. The country has demonstrated a proactive approach to implementing MiCA, and HANFA’s role as a supervisory authority underscores the growing maturity of the local financial services landscape.
WHITE TECH’s authorization contributes to this development, signaling confidence in Croatia’s regulatory environment and its capacity to host compliant digital asset businesses serving the wider European market.
The milestone reflects the company’s continued growth trajectory as part of the broader W Group ecosystem, reinforcing its commitment to regulated markets. It also aligns with the group’s long-term strategy of expanding its regulatory footprint across key jurisdictions, building on prior licensing achievements and ongoing efforts to meet the evolving expectations of regulators, partners, and users alike.
As the European crypto market transitions into a fully harmonized regulatory environment, WHITE TECH’s early authorization places it among the providers ready to support that shift from day one.
About W Group
W Group is a global fintech ecosystem that makes blockchain and crypto easy, secure, and accessible for everyone. It is built on the values of security, professionalism, and innovation, serving 35 million users across 150 countries worldwide. At the center of W Group is WhiteBIT, the largest European crypto exchange by traffic, offering over 900 trading pairs, 340+ assets, and supporting 8 fiat currencies. WhiteBIT collaborates with Visa, FACEIT, FC Barcelona, Juventus FC, and the Ukrainian national football team.
