Binance France to shut all accounts by Dec 31 after MiCA licensing failure

Binance France will shut down all customer accounts by December 31, 2026, after failing to secure authorization under the European Union's Markets in Crypto-Assets framework, according to Crypto Briefing. The outlet reports the exchange notified customers by email in early November 2026 that the wind-down is underway.

Starting November 29, 2026, Binance France will block new deposits and begin charging a monthly maintenance fee on idle balances, Crypto Briefing reports. The fee is set at 0.025% of an account's balance, with a minimum charge of 10 USDC, meaning the flat minimum applies to any balance under 40,000 USDC. Withdrawals will remain available after that date, but trading access will be cut off, per the report.

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Crypto Briefing links the closure to a regulatory setback: Binance France was removed from the French market regulator AMF's PSAN registration list on July 2, 2026, one day after missing the MiCA transition deadline of July 1, 2026. The outlet notes that spot trading and related products were already discontinued earlier in the year as restrictions were rolled out in stages ahead of the full shutdown.

Crypto Briefing advises that customers who wait until the final days before the December 31 deadline to withdraw funds will have already paid at least one round of the new maintenance fees, since the fee schedule begins a month earlier, on November 29. The report does not specify how many months the fee will apply before accounts close, nor what happens to any assets left unclaimed after the December 31 cutoff.