The notice, reported by Cryptoast, Crypto Briefing and other publications on Saturday, states that customers must withdraw their cryptocurrency holdings by November 29 to avoid additional charges.
Accounts retaining a balance after that deadline will be subject to a monthly fee of 0.025% of the remaining assets, with a minimum charge of 10 USDC. The stablecoin is designed to maintain a value equivalent to the US dollar.
Binance France Sets Withdrawal Deadline Before Account Closure
An email cited by Cryptoast informed customers that Binance France accounts would officially close on December 31, 2026.
The message also warned that assets remaining in accounts after the closure date could be treated as inactive under the exchange's Terms of Use. Binance said this could lead to the conversion, transfer or other processing of customers' remaining crypto-assets.
The exchange's notice stated: "Due to the orderly cessation of activities, your Binance France account will close as of December 31, 2026. If you have not withdrawn your crypto-assets as of December 31, 2026, this message constitutes a notification of our intention to consider your account inactive, in accordance with our Terms of Use. This can result in the conversion, transfer or other processing of your crypto-assets."
Customers therefore face two important dates: November 29, when withdrawals must be completed to avoid maintenance fees, and December 31, when the accounts are scheduled to close.
Binance Continues Restricting Services Following MiCA Transition
The developments follow regulatory changes affecting Binance's operations across the European Union. In late June, Cointelegraph reported that the exchange had notified EU customers that access to certain services would be restricted after it failed to obtain Markets in Crypto-Assets (MiCA) authorization from a member state before the July 1 deadline.
On Sunday, a Binance spokesperson told Cointelegraph that the company was progressively limiting certain services for affected customers following the end of the MiCA transition period.
"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 said.
The spokesperson did not address questions about reports that similar emails had also been sent to customers in Spain and Belgium.
Binance's European User Base Faces Regulatory Changes
Media reports estimate that Binance serves at least 300 million customers globally. The exchange's application was also downloaded more than 4 million times in the European Union last year.
The account closure notice in France marks a significant development for affected customers, who must withdraw their holdings within the specified timeframe or face the fees and potential asset-processing procedures outlined in the exchange's communication.
source: cointelegraph
Writer: Ethan Collins
Crypto Journalist
Ethan Collins reports on developments across the cryptocurrency and blockchain sector. His work covers market movements, protocol updates, regulatory changes, and emerging trends in digital assets.
He focuses on presenting complex topics in a clear and accessible manner for a broad readership.
Writer: Ethan Collins
Crypto Journalist
Ethan Collins reports on developments across the cryptocurrency and blockchain sector. His work covers market movements, protocol updates, regulatory changes, and emerging trends in digital assets.
He focuses on presenting complex topics in a clear and accessible manner for a broad readership.
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The articles on Hokanews are here to keep you updated on the latest buzz in crypto, tech, and beyond—but they’re not financial advice. We’re sharing info, trends, and insights, not telling you to buy, sell, or invest. Always do your own homework before making any money moves.
Hokanews isn’t responsible for any losses, gains, or chaos that might happen if you act on what you read here. Investment decisions should come from your own research—and, ideally, guidance from a qualified financial advisor. Remember: crypto and tech move fast, info changes in a blink, and while we aim for accuracy, we can’t promise it’s 100% complete or up-to-date.
