BingX EU Secures MiCAR License via Austrian Financial Market Authority

Key Facts

BingX EU has obtained a license under the Markets in Crypto-Assets Regulation (MiCAR) from the Austrian Financial Market Authority (FMA). PR Newswire reported that the approval allows the platform to provide regulated crypto services across the European Union, marking a significant milestone in its regional expansion.

The license enables MEGE zweite GmbH, operating as BingX EU, to offer regulated brokerage services including crypto custody and exchange within a harmonized regulatory framework. This authorization is intended to ensure compliance with European standards for transparency and investor protection as the platform prepares to serve 29 countries in the European Economic Area.