Crypto exchange BingX has taken a major step in Europe after its European entity, BingX EU, secured a MiCAR license from Austria’s Financial Market Authority (FMA).
BingX EU (MEGE zweite GmbH) has secured its Markets in Crypto-Assets Regulation (MiCA or MiCAR) license from Austria’s Financial Market Authority (FMA), enabling the platform to offer regulated crypto services across the European Economic Area (EEA), subject to ongoing passporting arrangements. The authorization marks a significant milestone in BingX’s European expansion, giving EEA users access to digital asset services under a unified regulatory framework built on transparency, security and investor protection.
The authorization reflects BingX EU’s long-term commitment to responsible growth in Europe. As digital assets become increasingly integrated into the financial system, regulatory clarity plays an essential role in strengthening user confidence, supporting institutional participation and enabling sustainable industry development. Through its regulated European entity, BingX EU will provide compliant crypto services designed to meet the evolving needs of both retail and institutional users across the EEA.
“Our priority is to provide European users with trusted and locally regulated trading experience,” said Daniel Lai, Chief Executive Officer of BingX EU. “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. We believe this foundation can help create a more accessible and sustainable environment for the continued adoption of digital assets across the region.”
Looking forward, BingX EU will continue working closely with Austria’s FMA and other European regulators as it prepares for the launch of its regulated services across the European Economic Area. BingX EU remains committed to operating within Europe’s regulatory framework while providing users with secure, transparent and compliant access to digital asset services.
