BingX EU obtains MiCAR license, advancing regulated crypto services in Europe
Vienna, October 15, 2026 / PRNewswire / -- BingX EU ( MEGE zweite GmbH ) has obtained a license from the Austrian Financial Market Authority ( FMA ) in accordance with the 'Regulations on the Supervision of Crypto Asset Markets' ( MiCA or MiCAR ). The company stated that once the ongoing passport clearance process is completed, this will enable it to provide regulated crypto services in 29 countries within the European Economic Area ( EEE ).
The company stated that this authorization marks an important milestone in BingX's expansion process in Europe, and it also enables users within the European Economic Area to access services related to digital assets under a unified regulatory framework based on transparency, security, and investor protection.
BingX EU indicates that this authorization reflects its long-term commitment to achieving responsible growth in Europe. As digital assets become increasingly integrated into the financial system, regulatory clarity plays a key role in enhancing user trust, promoting institutional participation, and supporting the sustainable development of the industry. Through its regulated European entities, BingX EU will provide compliant crypto services to meet the evolving needs of retail and institutional users throughout the European Economic Area.
"Our top priority is to provide European users with a reliable trading experience that is subject to local regulatory constraints," said Daniel Lai, CEO of BingX EU. "Operating within the framework of MiCAR will enable us to provide services in a clearly regulated environment, thereby enhancing user trust and supporting the long-term development of Europe's digital ecosystem. It also allows us to strike a balance between innovation and meeting the high standards of security, transparency, and accountability that European users and institutions expect. We believe that this foundation will help create an environment that is more accessible and more sustainable, thus promoting the continued adoption of digital assets throughout the region."
BingX EU indicates that in the future, close cooperation will continue with Austria's FMA and other European regulatory authorities in order to launch its regulated services throughout the European Economic Area. The company states that BingX EU remains committed to conducting business in compliance with the European regulatory framework, while providing users with safe, transparent, and compliant digital asset-related services.
About BingX EU
MEGE zweite GmbH (“BingX EU”) is an encrypted asset platform regulated by MiCAR, headquartered in Vienna, and has been approved as an encrypted asset service provider in accordance with the “Regulations on the Supervision of the Cryptocurrency Market” (MiCAR). BingX EU serves customers from 29 countries within the European Economic Area, providing fully regulated services that comply with European standards for investor protection and market integrity. With its MiCAR license, BingX EU offers a platform that encompasses regulated brokerage services, including encrypted asset custody, exchange, and other cryptocurrency-related services.
About BingX
BingX was established in 2018 and is one of the world's leading multi-asset trading platforms, serving over 40 million users globally. Since 2024, the company has become a major partner of Chelsea Football Club and in 2026, it became an official partner of the Scuderia Ferrari HP team as well.
