BingX EU secures MiCAR license from Austria's FMA to offer regulated crypto services across 29 EEA countries

BingX EU, legally MEGE zweite GmbH and headquartered in Vienna, has obtained a MiCAR license from Austria's Financial Market Authority, licensed as a Crypto-Asset Service Provider. The authorization lets the platform offer regulated crypto services across 29 EEA countries, subject to ongoing passporting arrangements. CEO Daniel Lai said operating under MiCAR provides a clear regulatory framework supporting user confidence and Europe's digital ecosystem. BingX EU will offer regulated broker services including crypto custody and exchange, and says it will keep working with the FMA and other European regulators ahead of launching regulated services.

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