Binance France customers were notified in early November that their accounts would close on Dec. 31, 2026, according to media reports cited by Cointelegraph. Monthly fees on remaining balances were scheduled to begin earlier, on Nov. 29.
Historical source context: Cointelegraph published the original report on Nov. 8, 2026, at 20:57:51 UTC+8.
Two dates govern remaining balances
Cryptoast, Crypto Briefing and other media reported on Saturday, citing Binance emails, that accounts still holding assets from Nov. 29 would face a monthly maintenance fee of 0.025% of the balance, with a minimum charge of 10 USDC. USDC is a stablecoin tracking the US dollar. Binance said withdrawals must be completed by Nov. 29 to avoid the fees.
An email quoted by Cryptoast described the closure as part of an “orderly cessation of activities.” It said customers who had not withdrawn their crypto-assets by Dec. 31 could have their accounts treated as inactive under Binance’s terms of use. That could result in the conversion, transfer or other processing of those assets.
Earlier notices preceded the MiCA deadline
Cointelegraph had reported in late June that Binance notified European Union users of restrictions on access to key services. That earlier reporting concerned the exchange’s failure to secure authorization from a member state under the Markets in Crypto-Assets framework, or MiCA, ahead of 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.”
The spokesperson did not address the outlet’s specific question about reports that similar emails had been sent to users in Spain and Belgium. The response therefore did not confirm those reported notices or establish that the French account-closure terms applied elsewhere.
According to media reports cited in the article, Binance had at least 300 million customers globally, while its app had been downloaded more than 4 million times in the EU the previous year. Those figures describe its broader reach, not the number of accounts affected by the French closure.
