Binance France customers were notified by email in early November that their accounts would close on Dec. 31, 2026, according to media reports cited by Cointelegraph in an article published on Nov. 8, 2026, at 20:57:51 UTC+8.
Cryptoast, Crypto Briefing and other outlets reported on Saturday, citing Binance emails, that accounts retaining assets would face monthly maintenance fees starting Nov. 29. The stated fee was 0.025% of the balance, with a minimum of 10 USDC, a stablecoin tracking the US dollar. Binance said withdrawals must be completed by Nov. 29 to avoid those fees.
What the closure notice said
An email cited by Cryptoast described the account closures as part of an “orderly cessation of activities.” It said customers who had not withdrawn their cryptoassets by Dec. 31, 2026, were being notified that Binance intended to consider their accounts inactive under its terms of use. That could result in the conversion, transfer or other processing of their assets.
EU service restrictions and MiCA authorization
Cointelegraph had reported in late June that Binance notified European Union users that access to key services would be restricted after the exchange failed to secure authorization under the EU’s Markets in Crypto-Assets regulation (MiCA) from a member state before a July 1 deadline.
Responding to Cointelegraph on Sunday, a Binance spokesperson said:
“Following the end of the MiCA transition period, Binance is progressively restricting certain services for affected users, in line with the schedule previously communicated to them.”
Cointelegraph also asked about reports that similar emails had been sent to users in Spain and Belgium. The spokesperson did not address those countries specifically, leaving those reports unconfirmed by that response.
According to media reports cited in the article, Binance had at least 300 million customers globally, while its app was downloaded more than 4 million times in the EU in the preceding year.