⚠️ ALERT: Binance France to close ALL customer accounts by December 31 as the EU’s MiCA licensing requirement forces a wind-down.
The world’s largest crypto exchange told customers its French entity must close their accounts as the EU’s MiCA transition period ended before it secured the required licence.
Deposits are already blocked, but customers can still withdraw their crypto until year-end.
The first deadline is November 29.
Customers must withdraw before then to avoid a monthly fee of 0.025% of their remaining crypto balance or 10 USDC, whichever is higher.
After accounts close on December 31, 2026, Binance may convert or transfer any remaining assets under its terms of service.
Binance confirms customer assets remain accessible during the wind-down.
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