BingX EU Wins Austrian MiCA Authorization for Four Crypto Services

BingX EU has secured Austrian authorization for four crypto services, giving the exchange’s European entity a regulated foothold as it prepares a broader rollout across the European Economic Area (EEA). The company has not announced when services will become available in the 29 EEA countries it plans to serve. Austria’s Financial Market Authority issued the authorization to MEGE zweite GmbH on Oct. 13 and published notice of the decision Oct. 14. It covers custody and administration of clients’ crypto assets, exchanges between crypto assets and money, exchanges between crypto assets, and transfers of crypto assets for clients.

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