Binance Sets Deadline to Shut Down Accounts in Four EU…
By Damilola Esebame
AI summary of the source article
Binance will close affected customer accounts in France, Italy, Spain, and Poland on 31 December 2026 after failing to secure EU MiCA authorization. Remaining balances will incur a monthly maintenance fee starting 29 November.
Why it matters
"The closures represent a further contraction of Binance's European retail business, though the current notices do not establish a blanket withdrawal from every EU market."
Key facts
- Binance is closing accounts in France, Italy, Spain, and Poland on 31 December 2026 following the expiration of the MiCA transitional period.
- Starting 29 November, remaining balances face a 0.025% monthly fee with a minimum charge of 10 USDC, while deposits are already blocked.
- Binance withdrew its MiCA application in Greece in June 2026 and stated it is seeking approval in another EU member state.
Source excerpt · FinanceFeeds
Binance will close affected customer accounts in France, Italy, Spain and Poland on 31 December 2026, extending restrictions imposed after the exchange failed to secure authorisation under the European Union's Markets in Crypto-Assets Regulation (MiCA) framework. According to customer emails reported by CoinDesk , remaining balances will incur a 0.025% monthly fee, with a minimum charge of 10 USDC…