Overview
- Austria’s Financial Market Authority granted WB‑Shield Innovations GmbH (WhiteBIT EU) a Markets in Crypto‑Assets Regulation licence, authorising the company to operate as a regulated crypto‑asset service provider.
- WhiteBIT says it is preparing a dedicated European site, whitebit.eu, to serve EEA customers under MiCA rules, and the platform’s launch date and user rollout remain subject to the company’s onboarding and compliance processes.
- The MiCA licence allows WhiteBIT EU to use EU passporting to offer services across eligible EEA states rather than registering in each country, but the company has said the passporting scope will exclude Malta.
- Operational steps such as customer KYC checks, local supervisory notifications and technical onboarding will determine when users can trade and custody assets on the new platform.
- The approval tightens competition among exchanges and custodians racing for national MiCA authorisations and signals how the EU’s new rules on governance, transparency and client protection are reshaping the region’s crypto market.