At EAS this past summer I attended a session on making beeswax candles
where the presenter asserted that if you are making beeswax candles you
should relish in the beauty of your medium, BEESWAX!  His assertion was
that any adulteration of the beeswax (painting, dying, scenting) is an
abomination!  If you're going to paint, dye or scent, use paraffin!
 
Having said that, there is plenty of discussion of bleaching beeswax
in the archives.  Harshest method uses hydrogen peroxide, most benign
method user the sun (although at this time of year in the Northern
hemisphere the sun is of little use).
 
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that reads:
SEARCH BEE-L "bleaching wax"
 
Aaron Morris - thinking there's gold in them thar archives!