BingX EU Secures MiCAR License in Austria to Serve 29 EEA Countries
- —MiCAR license granted by Austria's FMA to MEGE zweite GmbH
- —BingX EU aims to serve 29 EEA countries under passporting rules
- —License covers custody and exchange services for retail and institutional clients
Why it matters: Another exchange gains regulated access to the EU market as MiCA enforcement tightens and ESMA pushes firms to localize operations.
Source: Coin Edition