BingX EU has secured a Markets in Crypto-Assets Regulation (MiCAR) license from Austria’s Financial Market Authority (FMA), enabling the Vienna-based platform to offer regulated cryptocurrency services across 29 countries in the European Economic Area. The authorization, announced on October 14, 2026, permits MEGE zweite GmbH (operating as BingX EU) to function as a Crypto-Asset Service Provider and marks a milestone in the company’s European expansion under a unified regulatory framework.
- Regulator: Austria’s Financial Market Authority (FMA)
- Jurisdictions Covered: 29 countries in the European Economic Area
- Services Authorized: Crypto custody, exchange, and regulated broker services
- Company Headquarters: Vienna
The license reflects BingX‘s commitment to regulated operations in Europe as digital assets gain traction in mainstream finance. The company stated that operating under MiCAR will enable it to combine innovation with security and transparency standards expected by European users and institutions. BingX EU will continue coordinating with the FMA and other European regulators as it prepares to launch services across the EEA.
Our priority is to provide European users with trusted and locally regulated trading experience. Operating under MiCAR 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. It also enables us to combine innovation with the high standards of security, transparency and accountability that European users and institutions expect.
– Daniel Lai, Chief Executive Officer of BingX EU
BingX, founded in 2018, operates as a multi-asset trading platform serving over 40 million users globally. The company has served as Principal Partner of Chelsea FC since 2024 and became Official Team Partner of Scuderia Ferrari HP in 2026.
