BingX EU Secures MiCA License, Expands Regulated Services Across Europe

BingX EU has secured its Markets in Crypto-Assets Regulation (MiCA) license from Austria’s Financial Market Authority (FMA), enabling the platform to offer regulated crypto services across 29 countries of the European Economic Area, subject to ongoing passporting arrangements.

A Unified European Framework

The authorization marks a significant milestone in BingX’s European expansion, giving EEA users access to digital asset services under a single regulatory framework built on transparency, security, and investor protection.

Operating through its European entity, MEGE zweite GmbH, BingX will provide compliant crypto services tailored to both retail and institutional users across the region.

“Our priority is to provide European users with a trusted and locally regulated trading experience,” said Daniel Lai, Chief Executive Officer of BingX EU. “Operating under MiCA will allow us to deliver our services under a clear regulatory framework that gives users confidence while supporting the long-term development of Europe’s digital ecosystem.”

The Bigger Picture

MiCA passporting allows a single national license to unlock the entire EEA market, making it the most efficient route to European scale. Exchanges that have secured the license gain a structural advantage over those still navigating the process — a dynamic that is rapidly sorting the industry into regulated incumbents and everyone else.

Source: The Manila Times, PR Newswire