BingX EU Snags Austrian MiCA Licence for 29 EEA Markets

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

What the licence means

The licence covers 29 EEA countries. MiCA sets common rules for crypto-asset service providers, including authorisation, business conduct and consumer protection. Daniel Lai, chief executive of BingX EU, said the company’s priority is to give European users a 'trusted and locally regulated trading experience.' Lai added that operating under MiCA lets the company deliver services under a clear regulatory framework.

BingX EU said it will 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.

Other Austrian MiCA licensees

Finance Magnates notes that Bybit received Austrian MiCA authorisation in May 2025 to offer crypto services across 29 EEA countries. KuCoin EU Exchange GmbH secured a similar licence in November 2025 covering 29 EEA markets, excluding Malta. The EU’s transition to MiCA is in its final stages, with national transition arrangements determining how existing providers move to the new framework.

The takeaway: BingX EU now has a regulatory path into 29 European markets, but the timing and product lineup remain unclear.