BingX EU Secures Austria MiCA License to Expand Across 29 EEA Countries

BingX EU has secured a Markets in Crypto-Assets Regulation (MiCA) license from Austria’s Financial Market Authority (FMA), creating a path toward offering regulated crypto services across 29 European Economic Area (EEA) countries. The authorization strengthens its European presence, although cross-border expansion remains subject to the completion of passporting arrangements. The license was granted to MEGE zweite GmbH, which operates as BingX EU and is headquartered in Vienna. The company plans to provide regulated brokerage services, including crypto-asset custody, exchange and other permitted activities. The approval places its planned expansion within Europe’s common regulatory framework for digital asset service providers. Also Read | Chainlink Transaction Value Exceeds $36.42 Trillion as Institutional Adoption Expands As indicated by the announcement posted on October 14, BingX EU will offer its services to both institutional…

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TronWeekly.