BingX EU Secures MiCAR License for Regulated Crypto Services in Europe
BingX EU (MEGE zweite GmbH) has obtained a MiCAR license from Austria's Financial Market Authority (FMA), enabling regulated crypto services across 29 EEA countries.
VIENNA, Austria – BingX EU (MEGE zweite GmbH) has secured a license under the Markets in Crypto-Assets Regulation (MiCAR) from the Austrian Financial Market Authority (FMA). This authorization allows the platform to offer regulated crypto services in 29 countries within the European Economic Area (EEA), subject to existing passporting processes.
The license represents a significant milestone in BingX EU's European expansion, providing EEA users with access to digital asset services under a unified regulatory framework emphasizing transparency, security, and investor protection. The company stated this reflects its commitment to responsible growth in Europe.
According to an official statement, adherence to MiCAR aims to strengthen user confidence and foster institutional participation. BingX EU plans to offer MiCAR-compliant crypto services catering to both retail and institutional clients. The company will continue to collaborate with the FMA and other European regulators as it rolls out its services across the EEA.
Operating from Vienna, BingX EU is now a licensed Crypto-Asset Service Provider (CASP) under MiCAR. The platform focuses on providing regulated brokerage, custody, and exchange services for crypto-assets, aligning with European standards for investor protection and market integrity.