WhiteBIT Secures MiCA License in Austria, Opens EU to 35M Users

WhiteBIT EU Secures MiCA Authorization From Austria’s FMA, Paving Way for EEA Expansion

WhiteBIT EU has obtained authorization under the European Union’s Markets in Crypto-Assets Regulation (MiCA) from Austria’s Financial Market Authority (FMA), providing the exchange with a regulated pathway to operate across the European Economic Area. The approval was granted on June 19, 2026, to the Vienna-based entity WB-Shield Innovations GmbH, which operates under the WhiteBIT EU name.

Authorization Details

The FMA’s authorization enables WhiteBIT EU to conduct crypto-asset activities in Austria in compliance with MiCA, the EU’s harmonized framework for crypto-asset service providers (CASPs). Once the firm completes the required passporting notifications, the license can be extended to other EEA member states, allowing cross-border services under a single regulatory regime.

What MiCA Changes

MiCA establishes uniform rules for CASPs across the EU, replacing country-by-country regimes with a single authorization standard overseen by national competent authorities such as the FMA. The framework introduces requirements for governance, prudential safeguards, conflicts management, transparency, and consumer protection.

Depending on the scope of an authorization, a CASP may be permitted to offer services such as:

  • Custody and administration of crypto-assets
  • Operation of a crypto-asset trading platform
  • Exchange between crypto-assets and fiat currency, and crypto-to-crypto exchange
  • Execution of client orders and reception/transmission of orders
  • Placing of crypto-assets and providing advice on crypto-assets
  • Portfolio management of crypto-assets and transfer services on behalf of clients

MiCA’s CASP regime is designed to increase market integrity and user protections through measures such as capital requirements, complaint handling procedures, and clear disclosures on risks and fees.

Why It Matters

The authorization positions WhiteBIT EU to expand within the EU’s regulated landscape at a time when centralized exchanges must comply with MiCA to serve European customers. The passporting mechanism is intended to streamline cross-border access while maintaining consistent supervisory standards, potentially broadening market access and competition among compliant providers.

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