W Group Strengthens Regulated Infrastructure As White Tech Wins Hanfa Approval Under Mica

Source Cryptopolitan

WHITE TECH, a company within 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.

The approval, announced on 29 April 2026 from Zagreb, places White Tech among the earliest entrants into Croatia’s MiCA-regulated market and signals a deeper move by W Group into formally supervised European crypto infrastructure.

What does the MiCA authorization allow White Tech to do?

The HANFA license enables White Tech to offer a defined set of regulated crypto-asset services across the European Union under a single harmonized rulebook. 

Specifically, the company is authorized to provide the exchange of crypto-assets for fiat currencies, the exchange of crypto-assets for other crypto-assets, transfer services for crypto-assets on behalf of clients, and the custody and administration of crypto-assets.

The company will operate under continuous HANFA supervision, with compliance obligations covering governance arrangements, risk management frameworks, and user protection standards as set out in MiCA. 

For institutional and retail users, that translates into clearer expectations around how customer assets are safeguarded and how operational risks are managed.

Why is the timing significant for the EU crypto market?

White Tech’s authorization is coming at a moment when MiCA is reshaping how crypto-asset firms can legally operate across the bloc. 

The framework, which establishes consistent rules across all 27 member states, is designed to increase market transparency and rebuild trust in a sector that has spent years operating under fragmented national regimes.

Being among the first companies in Croatia to clear the MiCA threshold gives White Tech a structural advantage. Early-authorized firms can begin serving EU clients across borders through MiCA’s “passporting” mechanism, while competitors are still working through national application backlogs. 

For W Group, the license effectively converts regulatory readiness into a market-access asset.

How does White Tech fit into the broader W Group ecosystem?

Within the W Group ecosystem, White Tech functions as a core infrastructure component focused on crypto exchange services. Its remit includes enabling seamless conversion between crypto-assets and fiat, alongside the execution of crypto-asset transfers for both business clients and individual users.

That positioning matters because W Group is built around interoperability between its consumer-facing exchange operations and its underlying compliance and settlement layers. 

With MiCA authorization in place, White Tech can serve as the regulated rail through which other parts of the ecosystem route exchange and transfer activity inside the EU, rather than the group having to depend on a patchwork of national licenses.

The milestone reflects the company’s continued growth trajectory and reinforces W Group’s broader commitment to operating within regulated markets, a stance that has become an increasingly visible point of differentiation as MiCA implementation pressures less-prepared firms out of the European market.

W Group is a global fintech ecosystem positioned around making blockchain and crypto more accessible, secure, and practical for mainstream users. The group operates on principles of security, professionalism, and innovation, and currently serves 35 million users across 150 countries.

At the center of the ecosystem is WhiteBIT, described as the largest European crypto exchange by traffic. The platform offers more than 900 trading pairs, supports over 340 assets, and accommodates eight fiat currencies. 

The Croatian authorization adds a regulatory anchor in the EU to that broader commercial footprint, giving the group a supervised operational base from which to extend its services into the bloc.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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