Binance France Closes All Accounts on December 31, 2026

Binance France will close all user accounts on December 31, 2026. For assets remaining on the exchange after November 29, the company will begin charging a monthly fee. Clients were notified of this via letters in early November, as reported by Cryptoast, Crypto Briefing, and other publications.

Starting November 29, accounts with a non-zero balance will incur a maintenance fee: 0.025% of the amount per month, but not less than 10 USDC. To avoid storage fees, users must withdraw their funds by November 29. In the letter, Binance mentions an "orderly cessation of operations." If a user does not withdraw crypto assets by December 31, 2026, the exchange will consider the account inactive according to the terms of use. This may lead to conversion, transfer, or other processing of assets.

Binance had already warned about cutting key services for users from the European Union at the end of June. The reason is that the exchange did not receive authorization under the MiCA (Markets in Crypto-Assets) regulation in any EU country by July 1 – the deadline for obtaining permission. On November 8, a Binance representative stated that after the MiCA transition period ends, the company is gradually restricting certain services for affected users according to a schedule they were notified about in advance. He did not respond to questions about reports that similar letters were received by clients in Spain and Belgium. According to media reports, Binance's global client base numbers at least 300 million people. Last year, the app was downloaded over 4 million times in the EU.

Previously, Binance had already exited certain markets. In June 2023, the exchange announced its exit from the Netherlands – at that time, it was about one jurisdiction. On June 24, 2026, Binance withdrew its MiCA license application in Greece. According to Yellow, more than 200 companies have already received full MiCA licenses, including the crypto exchange Coinbase. Binance itself is not listed in the ESMA register of authorized service providers.