White Tech Receives MiCA Authorization Expanding W Group Presence in EU

WHITE TECH, a subsidiary of W Group, has made significant progress in its expansion strategy within the European Union. According to recent information shared with Finbold, WHITE TECH has received authorization to operate as a crypto-asset service provider (CASP) under the MiCA regulation.

The regulatory clearance was granted by Croatia's financial regulator, HANFA, and enables WHITE TECH to provide a range of services across the EU. These services include the exchange of crypto-assets for fiat currencies and other crypto-assets, as well as custody and administration of crypto-assets.

WHITE TECH operates under W Group's umbrella, supporting core infrastructure functions such as crypto exchange services, fiat-to-crypto conversions, and crypto-asset transfers for businesses and users. The company will continue to operate within the EU's regulatory framework, adhering to MiCA requirements regarding governance, risk management, and user protection.