BingX EU Wins Austria's MiCA License, Clearing Path to 29 European Markets

Published October 15, 2026, 16:37 UTC. Based on the Austrian Financial Market Authority's published authorization notice and BingX EU's announcement, as reported by Crypto.News and Wu Blockchain.

Austria's Financial Market Authority (FMA) has granted BingX EU a license to operate under the European Union's Markets in Crypto-Assets Regulation, clearing the exchange to offer regulated crypto services across 29 European markets. The FMA approved the authorization for MEGE zweite GmbH, the Vienna-registered entity operating as BingX EU, on October 13, 2026, and published the notice on October 14.

The October 13 authorization

The authorization was issued under Article 63 of MiCA, the EU's framework for crypto-asset service providers, and identifies the company under Austrian registration number FN 666009a, according to reports of the regulator's notice. The FMA decision covers four specific services: holding and administering crypto assets for customers, exchanging cryptocurrencies for conventional money, facilitating exchanges between different crypto assets, and transferring digital assets on behalf of clients.

BingX EU announced the license on October 14, 2026, posting that it is "now MiCA licensed, bringing regulated digital asset services to users across the EEA." Wu Blockchain confirmed the development on October 15, noting the authorization opens the way for expansion across 29 European Economic Area countries.

Four services in, trading platform and derivatives left out

The license is narrower than a full exchange permit. According to the published list, the authorization does not cover operating a multilateral crypto trading platform, managing customer portfolios, providing investment advice, or executing leveraged derivatives contracts. BingX EU would need separate authorizations before offering any of those activities.

Daniel Lai, chief executive of BingX EU, said the company's priority was to offer European users a "trusted and locally regulated trading experience," adding that MiCA provides a common framework for operating under European standards for security and accountability. The exchange said it is preparing regulated services for both individual and institutional customers across Europe.

A passport to 29 markets

The Austrian approval gives BingX EU the right to passport regulated services across all 29 EEA countries from a single authorization, replacing what would otherwise be separate national approvals. Under MiCA's framework, licensed providers must segregate client assets, disclose fees, and meet governance standards, protections aimed at lowering the counterparty risk that has burned crypto users in past exchange failures.

BingX EU has not announced a date for launching its regulated services. The company said access in individual markets depends on completing the required cross-border notification process, and that preparations are continuing alongside discussions with Austrian and other European regulators. BingX, founded in 2018, is building BingX EU as a separately regulated European operation rather than relying on its international platform.

The license lands as MiCA enforcement accelerates: the European Banking Authority classified Circle's USDC as the bloc's first significant e-money token under MiCA just one day earlier, with joint EBA and French supervision starting November 12. For European users, a deeper bench of licensed providers means regulated custody and exchange rails are becoming the default rather than the exception.

This article is news reporting and is not investment advice.

Sources

• Austrian Financial Market Authority (FMA), authorization notice for MEGE zweite GmbH (registration FN 666009a) under Article 63 of MiCA, granted October 13, 2026, published October 14, 2026, primary source for the license grant, the four authorized services, and the services excluded
• BingX EU announcement, via @bingxeu on X, October 14, 2026, primary source for the company's confirmation, the planned service for individual and institutional customers, and CEO Daniel Lai's statement on a trusted and locally regulated trading experience
• Crypto.News, "BingX gets EU crypto license in Austria, eyes 29 countries", October 15, 2026, secondary source for the October 13 grant date, the FMA notice date, and the four authorized services
• Wu Blockchain, via SpendNode, October 15, 2026, secondary source for confirmation of the license and the 29-market passporting plan
• Analytics Insight, "BingX Secures EU Crypto License in Austria, Targets 29 European Markets", October 15, 2026, secondary source for the excluded services and the passporting/notification requirements