BingX EU has achieved authorization under the European Union’s Markets in Crypto-Assets Regulation (MiCA). This license enables the firm to lay the groundwork for an expanded deployment of regulated cryptocurrency offerings throughout the European Economic Area (EEA). MEGE zweite GmbH, the legal entity functioning as BingX EU, was awarded the license by Austria’s Financial Market Authority (FMA) on October 13, with the regulator making the decision public on October 14, 2026.
Thanks to this approval, BingX EU is cleared to offer four distinct crypto-asset services: holding and administering digital assets for clients, swapping cryptocurrencies for fiat currencies, trading one cryptocurrency for another, and executing crypto-asset transfers on clients’ behalf. These operations are explicitly outlined in the FMA’s authorization notice.
Europe, we’re ready.
BingX EU is now MiCA licensed, bringing regulated digital asset services to users across the EEA.
Licensed. Transparent. Built for Europe.
The future of crypto is compliant. https://t.co/ma5cAq0v62— BingX EU (@bingxeu) October 14, 2026
BingX stated its objective is to bring these regulated services to 29 EEA nations, pending the completion of necessary cross-border notification processes, also referred to as passporting. The organization has not yet disclosed a definitive timeline for introducing the expanded European service.
MiCA Approval Opens the Door to European Expansion
MiCA creates a unified regulatory structure for crypto-asset service providers conducting business within the EU. Once authorized by its home regulator, an entity can apply to deliver its approved offerings across other participating jurisdictions via passporting. However, this approval does not guarantee that every service instantly goes live in all 29 nations.
According to BingX, this endorsement furthers its strategy to cater to both retail and institutional customers under a standardized European regulatory structure. The firm added that it plans to maintain its collaboration with Austria’s FMA and additional European regulatory bodies while readying its services for the wider region.
BingX CEO Daniel Lai noted that the business seeks to deliver a locally regulated trading environment for European clientele. This milestone builds upon an earlier phase: back in June 2026, BingX reported that its Austrian MiCA application was still being reviewed and had not yet secured final approval.
While this license marks a major milestone for BingX’s growth in Europe, its boundaries are clearly defined. The FMA notice does not separately authorize the operation of a crypto trading platform or the provision of investment advice. Furthermore, the company has not yet revealed its release timeline or specifics regarding extra services.
At present, the regulatory approval is officially confirmed, though the wider deployment depends on finishing all mandatory regulatory steps.
Frequently Asked Questions
What regulatory body granted BingX EU its license?
Austria’s Financial Market Authority (FMA) granted the MiCA authorization to MEGE zweite GmbH, the legal entity operating as BingX EU.
When was the license granted and made public?
The license was issued on October 13, 2026, and the regulator published its decision on October 14, 2026.
Which crypto-asset services is BingX EU permitted to provide?
The company is authorized to provide custody and administration of digital assets, exchange cryptocurrencies for traditional currencies, exchange one cryptocurrency for another, and transfer crypto-assets on behalf of clients.
Does the license automatically allow BingX EU to operate a crypto trading platform?
No. The FMA’s notice does not separately list authorization to operate a crypto trading platform or provide investment advice.
How many EEA countries does BingX plan to reach?
BingX intends to extend its regulated services to 29 EEA countries, subject to the required cross-border notification procedures (passporting).
