Binance to Close French User Accounts by Dec. 31 After MiCA License Failure
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Insights by Echo AI
Binance France will close all customer accounts on December 31, 2026, after failing to obtain authorization under the EU's MiCA framework. Deposits have already been suspended. Starting November 29, accounts still holding assets will incur a monthly management fee of 0.025%, with a minimum charge of 10 USDC. Crypto assets not withdrawn by the deadline may be converted, transferred, or otherwise handled under the Terms of Service.
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