Binance France to Close Accounts on December 31

Binance says it will close accounts held through its French entity on December 31, 2026, after the entity’s registration lapsed under the European Union’s Markets in Crypto-Assets (MiCA) rules. Customer notices say deposits are suspended, withdrawals remain available and monthly fees will begin on November 29 for accounts that still hold assets. The reported terms are based on emails to customers and have not been independently confirmed by Binance in the cited reporting.

According to the notices, the monthly charge will be 0.025% of an account’s remaining balance or 10 USDC, whichever is higher. The first deduction is due within three days of November 29, with another expected after December 24. Customers who withdraw all assets before November 29 will not be charged, the notices say. If an account’s balance is less than the fee, the charge may take the remaining balance.

The notices say fees will be deducted from available USDC first and from other cryptocurrency if needed. Binance has suspended deposits to the affected accounts, while withdrawals of cryptocurrency and fiat remain open, according to reports describing the customer emails. Assets left after December 31 may be...