Binance to close some accounts in France, Spain, Italy and Poland by the end of 2026

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Binance users in France, Spain, Italy and Poland reported receiving notices that some accounts will be closed by December 31, 2026. The closures are related to the end of the EU’s MiCA transition period and authorization requirements for crypto-asset service providers; Binance said it is still seeking regulatory authorization in Europe. Affected users can still withdraw crypto assets and fiat balances, but deposits have been prohibited; starting November 29, remaining crypto assets will be charged monthly at 0.025 percent of the balance or 10 USDC, whichever is higher.