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WhiteBIT obtains MiCA authorization from Austrian Financial Market Authority
WhiteBIT announced that its entity, WB-Shield Innovations GmbH (WhiteBIT EU), has received authorization from the Austrian Financial Market Authority (FMA) to operate under the EU's Markets in Crypto-Assets Regulation (MiCA), expanding its regulated activities in Europe.
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WhiteBIT stated that its entity, WB-Shield Innovations GmbH (WhiteBIT EU), has received authorization from the Austrian Financial Market Authority (FMA) to operate under the Markets in Crypto-Assets Regulation (MiCA). This regulatory approval enables the firm to expand its EU-regulated operations within Europe, aligning with the requirements established by the MiCA framework.
The announcement follows recent developments within the W Group ecosystem, where other related entities have also obtained MiCA authorization in different EU countries, further reinforcing the group's compliance with European crypto-asset regulations. No additional specific operational details were disclosed in the post.
WhiteBIT is a cryptocurrency exchange offering simplified, spot, margin, and futures trading, with access to Bitcoin, Ethereum, Litecoin, Ripple, and various altcoins, as well as several fiat currencies such as USD and EUR. Key features include high liquidity, a fixed 0.1% trading commission, leverage options up to 1:100 on futures, a TradingView-powered web terminal, a mobile trading app, and Crypto Lending for earning interest. For more details, see the broker profile on Traders Union.
In our earlier news about WhiteBIT, we reported on their 10 WBT giveaway promotion for users achieving a 500 USDC conversion volume. For more details, read the previous WhiteBIT update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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