Vienna, October 14th ( PRNewswire ) – BingX EU ( MEGE zweite GmbH ) has obtained a license from the Austrian Financial Market Authority ( FMA ) under the "Regulations on the Supervision of Crypto Asset Markets" ( MiCA or MiCAR ). This license will enable the platform to provide regulated crypto services in 29 countries within the European Economic Area ( EEA ), provided that it continues to meet the passport-free travel requirements. This authorization marks an important milestone in BingX's expansion across Europe, allowing EEA users to utilize digital asset services within a unified regulatory framework based on transparency, security, and investor protection.
This authorization reflects BingX EU's long-term commitment to responsible growth in Europe. As digital assets increasingly integrate into the financial system, regulatory clarity plays a crucial role in enhancing user confidence, supporting institutional participation, and promoting sustainable industry development. Through its regulated European entities, BingX EU will provide compliant crypto services to meet the ever-changing needs of retail and institutional users within EEA.
"Our top priority is to provide European users with a trustworthy and locally regulated trading experience," said Daniel Lai, CEO of BingX EU. "Operating within the framework of MiCAR will enable us to provide services within a clear regulatory framework, giving users more confidence, while also supporting the long-term development of Europe's digital ecosystem. It also allows us to combine innovation with the high standards of security, transparency, and accountability that European users and institutions expect. We believe that this foundation will help create a more accessible and sustainable environment for the continuous adoption of digital assets throughout the region."
Looking to the future, BingX EU will continue to work closely with Austria's FMA and other European regulatory authorities to prepare for the launch of regulated services within the European Economic Area. BingX EU remains committed to operating within the European regulatory framework, while providing users with safe, transparent, and compliant digital asset services.
About BingX EU
MEGE zweite GmbH ("BingX EU") is an encrypted asset platform regulated by MiCAR, with its headquarters located in Vienna. It has obtained a license as an encrypted asset service provider (CASP) in accordance with the "Regulations on the Supervision of the Cryptocurrency Market" (MiCAR). The platform focuses on serving customers from 29 countries within the European Economic Area and provides fully regulated services that meet European standards for investor protection and market integrity. Authorized by MiCAR, BingX EU offers a platform that provides regulated brokerage services, such as encrypted asset custody, trading, and other cryptographic services.
About BingX
BingX was established in 2018 and is one of the world's leading multi-asset trading platforms, serving over 40 million users globally. Since 2024, the company has become the chief partner of Chelsea Football Club and in 2026, it became the official team partner of Scuderia Ferrari HP.
