Hanfa Board meeting: WHITE TECH obtains authorisation to operate under MiCA

At its meeting today, the Board of the Croatian Financial Services Supervisory Agency (Hanfa) adopted a decision granting authorisation to the company WHITE TECH from Zagreb to operate as a crypto-asset service provider (CASP), in accordance with Regulation (EU) 2023/1114 on markets in crypto-assets (MiCA) and the Act implementing that Regulation.

Pursuant to the authorisation, WHITE TECH is permitted to provide the following crypto-asset services: exchange of crypto-assets for funds, exchange of crypto-assets for other crypto-assets, transfer of crypto-assets on behalf of clients, and the custody and administration of crypto-assets on behalf of clients.

WHITE TECH will be entered in Hanfa's Register of entities authorised to provide crypto-asset services and will thereby become subject to Hanfa's supervision with regard to the part of its business relating to the provision of crypto-asset services. Previously, WHITE TECH was entered in Hanfa's Register of legal entities providing virtual asset services in accordance with the Anti-Money Laundering and Terrorist Financing Act.

We would like to remind stakeholders that, pursuant to the Act Implementing Regulation (EU) 2023/1114 on Markets in Crypto-Assets, existing virtual asset service providers are required to obtain Hanfa's authorisation by 1 July 2026 at the latest in order to continue providing their services after that date.

More details about this and other decisions from today's meeting of the Hanfa Board are available here.