WB-Shield Innovations GmbH, the entity operating as WhiteBIT EU, has received official approval under the Markets in Crypto-Assets Regulation (MiCA) from the Austrian Financial Market Authority (FMA). This milestone enables the company to offer compliant crypto-asset services across the European Economic Area (EEA), excluding Malta, under a single regulatory framework.
The authorization represents a pivotal advancement in WhiteBIT’s European expansion strategy, reinforcing its dedication to operating with transparency, security, and adherence to harmonized regulations. By meeting MiCAR’s stringent requirements—covering governance, client protection, market integrity, and transparency—WhiteBIT EU strengthens its regulated foothold in Europe.
Volodymyr Nosov, Founder and President of W Group (which includes WhiteBIT), emphasized that Europe remains central to the company’s long-term vision. He noted that MiCA sets a global standard for digital asset regulation, and this approval highlights WhiteBIT’s commitment to building a secure and compliant crypto ecosystem for users across the region.
With the MiCA license in Austria, WhiteBIT EU can now serve millions of retail and institutional clients with regulated crypto services. The company is preparing to launch a dedicated platform, whitebit.eu, as its regulated hub for the European market. Interested users can register on the website to receive updates when the platform goes live.
Founded in 2018, WhiteBIT is part of W Group, serving over 35 million customers worldwide. The company collaborates with major brands like Visa, FACEIT, FC Barcelona, Juventus, and the Ukrainian national football team, and is committed to driving global blockchain adoption.