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Binance Closes Accounts in France on December 31: What You Need to Do

In Brief

Binance is closing its customers' accounts in France on December 31, 2026, according to emails sent to users. Deposits are blocked, withdrawals remain possible, and fees will apply to remaining balances starting November 29. To maintain control of your cryptos, withdraw them before the closure.

Key Dates

Why Binance is Closing Its Accounts in France

The European regulation MiCA requires all crypto-asset service providers to obtain a license in a member state to serve customers in the Union. The transition period ended on July 1, 2026. Binance did not obtain this license. The company withdrew its application in Greece in June and states it intends to file a new application in another member state. It claims it is not leaving Europe.

What This Means for You

Deposits. They are blocked. Withdrawals. They remain possible for cryptos and euros until the closure. Fees. Starting November 29, monthly fees will be charged on balances left in the account.

  • July 1, 2026: End of the MiCA transition period. Binance restricts its services in several EU countries.

  • July 2, 2026: According to the AMF, Binance France's registration, held since May 2022, automatically expires.

  • November 29, 2026: Start of monthly fees of 0.025% or 10 USDC (the higher amount) on remaining balances.

  • December 31, 2026: Closure of accounts in France.

After December 31. The account is closed. Do not count on a reopening to recover your funds. This information comes from emails sent by Binance to its clients and specialized press. Binance has not made a detailed public announcement to date. Always check your own email and account for the terms that apply to you.

What to Do Now

  • Take inventory of your cryptos and euro balances on Binance.

  • Choose where to move them: a MiCA licensed provider or a personal wallet.

  • Make a small test transfer, then move the rest.

  • Withdraw your euros to your bank account as well.

  • Keep your transaction history for your tax declaration.

Want to switch to Coinmerce? Follow our guide: Transfer Your Cryptos from Binance to Coinmerce in 6 Steps.

How to Recognize a Licensed Provider

It is listed in the ESMA register of MiCA licensed providers. Its license and supervisory authority are clearly stated on its website. It does not promise guaranteed returns. Coinmerce is a licensed crypto-asset service provider under MiCAR and supervised by the AFM in the Netherlands.

Frequently Asked Questions

Is Binance France really closing? Yes, according to emails sent to clients, all accounts in France will be closed on December 31, 2026. Will I lose my cryptos? Binance states that funds remain safe and accessible. The risk is not acting in time due to fees and the closure. Does this affect other countries? Yes, accounts in Spain, Italy, and Poland are also affected. What happens if Binance obtains a license later? Binance says it aims for a license in another member state. There is no guarantee of a reopening in France, nor when it would occur.

Crypto-assets are volatile. You may lose all or part of your capital. This article is for informational purposes only and does not constitute financial or tax advice.

This article is not financial advice. Always do your own research before making decisions about your money.

Investing has risks. Cryptocurrencies are volatile, you could lose your investment.