Binance France to close all customer accounts by year end, with fees on idle balances from November 29

MiCA, the EU's Markets in Crypto-Assets regulation, replaced national regimes like France's PSAN registration that Binance had held with the AMF since 2019. The framework was meant to let a single licence from one member state passport across the bloc, cutting duplicate paperwork for exchanges operating across Europe. Binance already withdrew its MiCA application in Greece in June, a sign the firm was struggling to clear the bar in more than one jurisdiction.

French customers now have a hard deadline: move assets out, or trading history and balances convert into a closed account on 31 December. Anyone still holding funds after 29 November starts paying 0.025% of their balance monthly, with a 10 USDC floor, an erosion that hits dormant or forgotten accounts hardest. Active traders must find a MiCA-licensed alternative inside the EU, while retail users who ignore the email risk fees stacking on small leftover balances.

The 31 December closure and the 29 November fee trigger are the two fixed dates customers must track. Binance has not said whether accounts in Germany, Italy, the Netherlands or other member states face the same fate, so any further closure notices in those markets would confirm a pattern rather than a one-off French dispute. Silence past year end would instead suggest France was an isolated regulatory failure.

BNBBNB it is the asset of the company or protocol in the event

BNB rose 0.1% in the 4 hours after the first headline, after rising 0.1% in the 2 hours before.

48 prices, one every 30 minutes