Crypto: Binance Announces Closure Of French accounts on December 31

Binance will close the accounts of its French clients as of December 31, 2026. The crypto platform informed its users by email after failing to obtain its European MiCA approval. Another bad news: starting November 29, accounts still holding cryptocurrencies will be subject to monthly fees of 0.025%, with a minimum of 10 USDC. Clients must now arrange the withdrawal of their funds. The decision marks a new step in Binance’s regulatory difficulties. Since July, the crypto exchange can no longer offer its usual services to French residents. In September, it was still considering a return to France through an AMF approval. This return has not yet happened. In an email reported on November 6 by Cryptoast and CryptoActu, Binance France announces the closure of accounts as of December 31.

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