BingX gets EU crypto license in Austria, eyes 29 countries

Cryptocurrency exchange BingX has secured a MiCA license through its European subsidiary, MEGE zweite GmbH, after Austria’s financial regulator approved four crypto services on October 13, opening the way for a planned expansion across 29 European markets. Austria’s Financial Market Authority (FMA) confirmed the authorization in a notice published on October 14. The approval allows BingX EU to provide cryptocurrency custody, exchanges between cryptocurrencies and conventional money, crypto-to-crypto exchanges, and digital asset transfer services. The company is preparing to introduce regulated services across the European Economic Area (EEA), subject to passporting requirements.

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