Binance France Closes Accounts Dec. 31, Fees From Nov. 29

Binance France will close every customer account on Dec. 31, 2026, and will start charging monthly fees on Nov. 29 for balances that remain, according to an email to French clients that Cryptoast published Friday.

Deposits are already blocked. Withdrawals still work. Accounts emptied before the Nov. 29 "calculation day" pay nothing, the email says.

How the wind-down works

The Markets in Crypto-Assets Regulation, or MiCA, required EU crypto service providers to hold authorization by June 30, 2026. Binance France did not secure that license. French outlet Cryptoast and Bitcoin.com News both quote the same notice: because of an "orderly cessation of activities," accounts close as of Dec. 31, and assets left behind may be converted, transferred or otherwise handled under Binance's terms.

From Nov. 29, any open Binance France account is charged 0.025% of its balance or 10 USDC, whichever is higher. The first collection is due within three days of Nov. 29; a second is expected after Dec. 24. Fees come from USDC first, then other crypto. If the balance is smaller than the fee, Binance takes what is left.

On a $500 balance, the 10 USDC floor is a 2% hit each month. Only balances above about $40,000 pay the percentage rate instead. Cryptoast says clients can close the account at any time.

Trading for French residents had already ended after the July 1 MiCA transition. The Dec. 31 date ends the withdraw-only window. Neither Binance's global blog nor France's AMF had posted a matching English press release by midday Saturday ET; the client email remains the primary notice.

In our opinion: the clock for holders is the Nov. 29 calculation day. Accounts emptied before then skip both fee collections. After Dec. 31, leftover assets fall under Binance's terms language; a dated AMF handling schedule has not been posted.