WhiteBIT has received authorization under the EU’s Markets in Crypto-Assets Regulation (MiCA) from Austria’s Financial Market Authority, enabling the exchange to provide regulated crypto services across the European Economic Area using a single authorization passport. The approva...
- WhiteBIT has secured a MiCA license in Austria, allowing it to operate across the European Economic Area under a single authorization.
- This approval comes just before the July 1 deadline for MiCA compliance, highlighting the race for exchanges to meet EU regulations.
- The license enables WhiteBIT to expand its services across the EEA through passporting, while regulators are preparing for firms that miss the deadline to wind down operations.
Topics: Jurisdictions, Legal regulatory, Infrastructure providers, Regulatory sandboxes pilots, Securities law classification, Tokenization platforms
Tags: #whitebit #mica #austria #eu #license #cryptoassetserviceprovider #passporting #financialmarketauthority #regulation #compliance
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