Binance to close affected EU accounts on Dec. 31, fees start Nov. 29

Binance has confirmed plans to close affected European customer accounts on December 31, 2026, following the end of the EU’s MiCA transition period, with users facing monthly charges on crypto balances remaining from November 29. Summary Binance confirmed affected European customer accounts will close on December 31 following the MiCA transition. Remaining balances face monthly fees from November 29, with a minimum charge of 10 USDC. Customers in France, Spain, Italy and Poland reported receiving account closure notices from the exchange. Binance France lost its national registration automatically on July 2 when previous regulatory arrangements ended. Accounts with balances smaller than the minimum fee could have their remaining cryptocurrency holdings deducted. The exchange’s customer notices have reached users in France, Spain, Italy and Poland, where services have been restricted since July. Binance confirmed that the closures apply to affected accounts and said customers can continue withdrawing their cryptocurrency and fiat balances during the wind-down process. The new charges create an earlier deadline for customers who want to avoid paying to keep their assets on the platfo...