The Austrian authorization gives WhiteBIT access to the EU's unified crypto framework, which will require exchanges to hold MiCA licenses or stop serving clients after July 1.

Lawyers say MiCA rules do not bar the European Central Bank from communicating with national regulators during the application process, though crypto licensing decisions remain with member states.

The Maltese regulator is seeking industry feedback on a legal framework for software-governed organizations, arguing that many DeFi projects are not fully decentralized.

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