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News · Regulation & Policy

Binance to Close French User Accounts on Dec. 31 Following MiCA Setbacks

The exchange has blocked incoming deposits and will levy monthly inactivity fees starting Nov. 29 as it winds down operations in France.

▼ Bearish$BTC $76,000 +0.3%$USDC $1.00 0.0%
November 8, 2026basisdesk.news
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Key point 1 of 3

01

Binance France will shut all French user accounts on Dec. 31, 2026, following the orderly cessation of its regional operations.

November 8, 2026basisdesk.news
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Key point 2 of 3

02

The exchange disabled deposits and will apply a recurring monthly fee of 10 USDC or 0.025% starting Nov. 29, 2026, on active balances.

November 8, 2026basisdesk.news
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Key point 3 of 3

03

Assets left unwithdrawn after Dec. 31 will be designated inactive and may face mandatory conversion or transfer by Binance.

November 8, 2026basisdesk.news
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Context

Binance has curtailed regional operations after failing to obtain authorization under the EU's Markets in Crypto-Assets framework, which became mandatory on June 30.

November 8, 2026basisdesk.news
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Why it matters

French retail and institutional clients must withdraw their funds before Nov. 29 to avoid recurring fees, or face account liquidation after Dec. 31.

November 8, 2026basisdesk.news
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What to watch

The first inactivity fee assessment within three days of Nov. 29, 2026, followed by the Dec. 31, 2026 account termination deadline.

November 8, 2026basisdesk.news
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Sources

Built from 1 primary source, machine-checked before publication.

  • cryptoast.fr
November 8, 2026basisdesk.news
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