BingX EU has secured authorization under the European Union’s Markets in Crypto-Assets Regulation (MiCA). The license allows the company to prepare for a wider rollout of regulated cryptocurrency services across the European Economic Area (EEA). Austria’s Financial Market Authority (FMA) granted the license to MEGE zweite GmbH, the legal entity operating as BingX EU, on October 13. The regulator published its decision on October 14, 2026.
The approval gives BingX EU permission to provide four crypto-asset services: custody and administration of clients’ digital assets, exchanging cryptocurrencies for traditional currencies, exchanging one cryptocurrency for another, and transferring crypto-assets on behalf of clients. The FMA specifically lists these activities in its authorization notice.
Europe, we’re ready. 🇪🇺 BingX EU is now MiCA licensed, bringing regulated digital asset services to users across the EEA. Licensed. Transparent. Built for Europe. The future of crypto is compliant. 🔵 https://t.co/ma5cAq0v62
— BingX EU (@bingxeu) October 14, 2026
BingX announced that it intends to extend its regulated services to 29 EEA countries, subject to the applicable cross-border notification procedures, commonly known as passporting. The company has not announced a specific launch date for the wider European rollout.
MiCA Approval Opens the Door to European Expansion
MiCA establishes a common regulatory framework for crypto-asset service providers operating in the EU. A company authorized by its home-country regulator can seek to provide its approved services in other participating markets through the passporting process. The authorization does not automatically mean that every service is immediately available in all 29 countries.
BingX said the approval supports its plans to serve both retail and institutional clients under a regulated European framework. The company also said it would continue working with Austria’s FMA and other European regulators as it prepares to launch its services across the region.
Daniel Lai, CEO of BingX, said the company aims to provide European users with a locally regulated trading experience. The approval follows an earlier stage in the process: in June 2026, BingX said its Austrian MiCA application was under review and that authorization had not yet been granted.
The license is an important step in BingX’s European expansion, but its scope remains specific. The FMA’s notice does not separately list authorization to operate a crypto trading platform or provide investment advice. The company has also not disclosed its launch schedule or additional service details.
For now, the authorization is confirmed, while the broader rollout remains subject to the required regulatory procedures.
