BingX EU gains MiCAR license to offer crypto services across EEA

2 min

VIENNA, October 15, 2026 – BingX EU (MEGE zweite GmbH) obtained a Markets in Crypto-Assets Regulation (MiCA or MiCAR) license from Austria’s Financial Market Authority (FMA). The license enables regulated crypto services across 29 European Economic Area countries via passporting. Users gain access to digital asset services under a unified framework focused on transparency, security, and investor protection.

Scope and Regulatory Alignment

The authorization formalizes BingX EU’s operation as a Crypto-Asset Service Provider in the EEA: crypto custody, exchange, and broker services delivered in compliance with MiCAR standards. Regulatory clarity is positioned to strengthen user confidence, support institutional participation, and advance sustainable industry development.

Operational Outlook

BingX EU will coordinate with Austria’s FMA and other European regulators to launch regulated services across the EEA. The entity will maintain adherence to Europe’s regulatory framework while providing secure, transparent, and compliant access to digital assets for retail and institutional users.

Statements

Daniel Lai, CEO of BingX EU, stated that MiCAR oversight enables service delivery under clear rules that reinforce user confidence and align innovation with European standards for security, transparency, and accountability.

Company Information

About BingX EU: MEGE zweite GmbH, headquartered in Vienna, is licensed as a CASP under MiCAR for 29 EEA countries, offering regulated broker services including custody and exchange.

About BingX: Founded in 2018, a multi-asset trading platform serving over 40 million users globally. Principal Partner of Chelsea FC since 2024 and Official Team Partner of Scuderia Ferrari HP since 2026.