BingX EU Secures Austrian MiCA License to Expand Crypto…
By Karthik Subramanian
AI summary of the source article
BingX EU has secured crypto-asset service provider authorization from Austria's Financial Market Authority under the EU's MiCA regulation. The license permits four service categories and enables expansion across 29 European Economic Area countries through passporting.
Why it matters
BingX EU said the license will support its European expansion through regulatory passporting arrangements, allowing authorized services to be offered across participating jurisdictions without obtaining separate full licenses in each country.
Key facts
- Austria's FMA authorized BingX EU entity MEGE zweite GmbH as a CASP under MiCA on October 13, 2026.
- The authorization covers digital asset custody and administration, fiat-crypto exchange, crypto-to-crypto exchange, and cryptocurrency transfer services.
- The license allows authorized services to be offered across 29 EEA countries via passporting without separate full licenses in each country.
Source excerpt · FinanceFeeds
BingX EU has secured authorization as a crypto-asset service provider (CASP) from Austria's Financial Market Authority (FMA), positioning the cryptocurrency exchange to expand regulated operations across 29 European Economic Area countries. The approval was issued on October 13, 2026, to MEGE zweite GmbH, the Vienna-based entity operating as BingX EU, and announced publicly on October 14. The auth…