WhiteBIT Receives MiCA License in Austria Before EU Crypto Deadline

WhiteBIT has secured authorization under the European Union’s Markets in Crypto Assets Regulation, widely known as MiCA, through Austria’s Financial Market Authority.

The approval allows WhiteBIT to legally provide crypto services across the European Economic Area using a single license instead of applying separately in each country. The company said the license will support the expansion of its European-focused platform, whitebit.eu.

Founded in 2018, WhiteBIT operates under W Group and says it serves more than 35 million users worldwide.

EU MiCA Deadline Increases Pressure on Crypto Exchanges

The approval comes shortly before the European Union’s July 1 deadline for crypto companies to fully comply with MiCA regulations.

After that date, exchanges operating under older national registrations must either obtain a MiCA license or stop offering services to customers within the European bloc.

Austria became one of the first EU countries to fully move into the MiCA framework after ending temporary transition rules at the end of 2025. Austrian regulators have already approved nine crypto-asset service providers under the new system.

European Regulators Tighten Oversight

The approaching deadline has increased pressure on several major exchanges still waiting for regulatory approval. Reports this week suggested that Binance could face difficulties securing authorization in some European markets before the transition period ends.

Data shared by OKX Europe showed that around 7.6 million crypto app downloads in Europe over the past year were connected to exchanges not listed on public MiCA authorization registers.

The European Securities and Markets Authority has also warned unauthorized firms to prepare client migration and shutdown plans if licenses are not approved before the deadline.