According to Cryptoast, Binance France will close customer accounts on December 31st due to its failure to obtain MiCA authorization.
According to Cryptoast, Binance France will close customer accounts on December 31, 2026, after failing to secure authorization under the European Union’s MiCA framework. Deposits have already been suspended. Starting November 29, accounts still holding assets will be subject to a monthly management fee of 0.025%, with a minimum of 10 USDC. Crypto assets not withdrawn by December 31 may be converted, transferred, or otherwise handled in accordance with the terms of service. This closure applies solely to the Binance France legal entity and does not affect the Binance global platform.
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