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BingX Secures Austrian Crypto Licence for European Market Expansion

BingX Secures Austrian Crypto Licence for European Market Expansion

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THE BRIEF
1

BingX secured regulatory authorisation from Austria's Financial Market Authority through its European subsidiary, MEGE zweite GmbH, under the EU Markets in Crypto-Assets Regulation.

2

The approval covers four specific cryptocurrency services and is intended to support the exchange's planned expansion across 29 European Economic Area markets.

3

The company has not announced an official launch date, noting that individual market access remains dependent on completing required cross-border notification processes.