BingX EU Secures Austrian MiCA Licence to Enter 29 EEA Markets

BingX EU, operated by MEGE zweite GmbH, has secured a licence under the Markets in Crypto-Assets Regulation from Austria’s Financial Market Authority. The authorisation is expected to allow the company to offer regulated crypto services across the European Economic Area, subject to applicable passporting requirements.

London's trading industry is coming home!

The licence comes as the EU’s transition to a common regulatory framework for crypto-asset service providers reaches its final stages. In June 2026, Finance Magnates examined how the end of the transition period would affect crypto firms operating in the region, including those that had not secured the required authorisation. National transition arrangements determine how existing providers move to the new framework.

BingX EU Licence Covers 29 EEA Countries

The licence covers 29 EEA countries, giving BingX EU a regulatory basis for expanding its services across the region. MiCA establishes common requirements for crypto-asset service providers, including rules on authorisation, business conduct and consumer protection.

Daniel Lai, Chief Executive Officer of BingX EU, said the company’s priority was to provide European users with a “trusted and locally regulated trading experience”.

“Operating under MiCA will allow us to deliver our services under a clear regulatory framework,” Lai said.

He said the framework would allow the company to serve European users while meeting regulatory requirements.

BingX EU is now MiCA-licensed in Europe. 🇪🇺Read all the details. 👇

— BingX (@BingXOfficial) October 14, 2026

BingX EU Follows Bybit and KuCoin in Europe

BingX EU said it would continue working with the Austrian FMA and other European regulators as it prepares to launch its regulated services across the EEA. The company has not specified a launch date or provided details of the services it plans to offer initially through its regulated European entity.

Other crypto exchanges have also secured MiCA licences from Austria’s FMA. In May 2025, Bybit received authorisation to offer crypto services across 29 EEA countries through its Austrian operations. In November 2025, KuCoin EU Exchange GmbH also secured an Austrian MiCA licence covering 29 EEA markets, excluding Malta.

This article was written by Tareq Sikder at www.financemagnates.com.