Binance France will close all customer accounts on December 31, 2026, and any assets remaining on the platform will start incurring monthly fees from November 29, the exchange's French arm has told customers.
The closure follows Binance France’s failure to obtain authorization under the European Union’s Markets in Crypto-Assets (MiCA) framework. Customers were notified by email in early November 2026.
What users need to know
As of November 29, deposits are blocked. Trading has already ended for French residents, and the only feature left is withdrawals.
Accounts that still hold a balance after that date will pay a monthly maintenance fee of 0.025% of the account balance, with a minimum of 10 USDC. The fee will be taken in USDC or in whatever other asset the account holds, depending on what remains after the cutoff.
Because of the minimum, the percentage-based fee only exceeds the 10 USDC floor when a balance reaches 40,000 USDC.
To avoid the fees, users should complete withdrawals before November 29. They can also close their accounts voluntarily at any point rather than waiting for the December 31 deadline.
How Binance France got here
The closure caps an exit that has unfolded in stages. It began with the expiry of Binance France SAS’s earlier registration as a Digital Asset Service Provider (PSAN), France’s national gatekeeping system for crypto firms. MiCA is the EU-wide rulebook that replaces such national approaches with a single license.
Binance France’s MiCA application did not succeed by the July 1, 2026 transition deadline. The following day, July 2, 2026, the firm was removed from the PSAN list kept by the AMF, France’s financial markets regulator.
Regulators including the AMF and ESMA, the EU’s securities markets authority, then required an orderly wind-down in line with MiCA guidelines. Service restrictions followed one by one, with spot trading and related products discontinued earlier in the year, gradually stripping the platform down to its current withdrawal-only state.
What this means for users
The most immediate stakes belong to French customers with balances still on the exchange. Their decision window effectively closes on November 29, not December 31. Waiting until the final days of December means paying at least one round of maintenance fees. The December date is when accounts close; the November date is when leaving starts to cost money.
