Summary
Binance France to Close All Customer Accounts by Dec. 31
Binance's French unit will close all customer accounts by Dec. 31.
bloomingbit
Publisher
Nov 7, 2026 at 9:08 AM UTC · 1 Min. Lesezeit
Key Signal
Dec. 31 account closure deadline
Entities
binance
Market Impact
BTC-1.85%$73,592
Last Updated
vor 4 Tagen
Übersetzung…
- Binance France said it plans to close all customer accounts by Dec. 31.
- Starting Nov. 29, it will impose a monthly management fee on accounts with remaining balances equal to the greater of 0.025% of the balance or 10 USDC.
- The move follows the EU's Markets in Crypto-Assets regulation (MiCA) and is expected to affect about 2 million users in France.
Forecast Trend Report by Period
Binance's French unit will close all customer accounts by Dec. 31.
Bitcoin News reported on Nov. 7 that Binance France plans to shut all customer accounts by Dec. 31. Starting Nov. 29, it will charge a monthly management fee on accounts with remaining assets equal to the greater of 0.025% of the balance or 10 USDC.
Bitcoin moved from $83,101.2 to $73,598 over the last 30-day period, a decline of 11.4 percent.
Source: Kraken · NewsLayer Markets · Updated vor ein paar Sekunden
The fee will first be deducted from USDC balances. If that is not enough, it will be taken from other cryptocurrencies. Accounts that withdraw all assets before Nov. 29 will not be charged.
The move follows the European Union's Markets in Crypto-Assets regulation, or MiCA. Binance France failed to secure the required authorization before the MiCA transition period ended on June 30, leaving it unable to continue operating in France.
About 2 million users in France are estimated to be affected by the measure.
Follow the Story
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Originally reported by bloomingbit
NewsLayer coverage based on externally reported material.
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