Binance France to Close Customer Accounts by 31 December

By José Oramas November 09, 2026 In Binance, France
binance dec31
  • Binance France emailed customers on 6 November that their accounts will close as of 31 December, citing an orderly cessation of activities.
  • Accounts still holding assets on 29 November will be charged a monthly fee of 0.025% of the balance, with a minimum of 10 USDC.
  • Binance withdrew its Greek MiCA licence application in June and has not said which other European countries face the same closures.

Binance France has told its customers that their accounts will close on 31 December, and that balances left on the platform from 29 November will start paying a monthly fee.

The exchange sent the notice by email on 6 November, citing an orderly cessation of activities. Deposits have stopped but withdrawals remain open.

A Binance spokesperson said the exchange is progressively restricting certain services for affected users after the end of the transition period under the European Union’s Markets in Crypto-Assets (MiCA) regulation. The spokesperson added that the restrictions follow a schedule Binance had already given those users.

Related: French Bank Crédit Mutuel Arkéa Hit by Cyberattack, ZachXBT Claims Over US$133 Million Stolen

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The email names 29 November as the calculation day. From that date, any account still holding crypto will be charged 0.025% of its balance each month, with a minimum of 10 USDC.

Binance will take the fee twice. The first deduction falls within three days of 29 November, and the second comes after 24 December. Customers who empty their accounts before then pay nothing.

Crypto still on the platform after 31 December will sit in an account classed as inactive under Binance’s terms of use. Those terms allow Binance to convert, transfer or otherwise process the assets, the email states.

Registration Lapsed in July

Binance France registered with the Autorité des marchés financiers (AMF), the French markets regulator, as a digital asset service provider on 4 May 2022. That registration lapsed when France’s switch from its national regime to MiCA ended at the start of July.

Reuters reported in mid-June that Greece’s regulator was expected to reject Binance’s application, but Binance withdrew it on 24 June.

“Binance has decided to withdraw its MiCA licence application with the Hellenic Capital Market Commission (HCMC) in Greece and pursue authorization in another EU Member State,” the exchange said in a blog post that day.

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The same post promised affected users direct communications with timelines. In the week after the withdrawal, DefiLlama data showed more than US$400 million (AU$584 million) in net outflows from Binance.

Read more: Bitcoin Slides Toward US$76K As ETF Outflows and US Midterms Weigh on Markets

José Oramas
Author

José Oramas

José is a journalist and translator with a keen interest in blockchain and cryptocurrencies.

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