WHITE TECH, a key component of the W Group ecosystem, has achieved a significant milestone by obtaining authorization as a crypto-asset service provider (CASP) under the European Union’s Markets in Crypto-Assets (MiCA) regulation. This approval was granted by the Croatian Financial Services Supervisory Agency (HANFA), making WHITE TECH one of the first companies in Croatia to receive MiCA authorization.
This development is crucial for WHITE TECH as it enables the company to provide a range of regulated crypto services, including exchange of crypto-assets for fiat currencies and other crypto-assets, transfer services, custody, and administration of crypto-assets. The company will operate under HANFA supervision, adhering to MiCA's requirements for governance, risk management, and user protection.