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Binance France to charge idle accounts fees before 31 December closure
Binance France will shut all customer accounts on 31 December 2026 after failing to secure a MiCA licence, and will charge monthly fees on remaining balances from 29 November.
Key points
- Accounts close on 31 December 2026, with assets left behind liable to conversion or transfer.
- About 2 million French users lost trading on 1 July 2026 when Binance limited EU services.
Binance France will close every customer account on 31 December 2026, the exchange has told users, after it failed to obtain a MiCA licence. French media reported on 6 November that Binance had begun emailing customers to say deposits were no longer possible and that accounts held with the French entity would be shut. The email said any crypto left after that date would be treated as an inactive account, which may lead to its conversion, transfer or other handling under the terms of use.
Before the closure, fees begin. The first charge lands within three days of that date and a second is expected after 24 December. Accounts emptied before the 29 November calculation day avoid the charge.
The shutdown follows the EU's Markets in Crypto-Assets regulation, mandatory for crypto service providers from 30 June 2026. Binance withdrew its Greek licence application in June and said it would limit EU services from 1 July.
What to watch: Binance France customers must withdraw their assets before the 29 November calculation day to avoid fees, and before 31 December 2026, when accounts close.
Live updates on NewsFeeds:RegulationDesk editor: Keshav Aggarwal (accountable for this page; this summary was not edited by hand)
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