[Wu Blockchain News] Binance France to Close Customer Accounts on December 31, Introduce Monthly Fees From November 29

Binance France will close customer accounts on December 31, 2026, after the entity failed to secure authorization under the EU's MiCA framework, with deposits already suspended. Accounts still holding assets will be charged a monthly management fee of 0.025% with a minimum of 10 USDC starting November 29, according to a customer email reported by Cryptoast. The closures apply only to accounts held with the Binance France entity and do not affect French users' accounts on Binance's global platform. The wind-down highlights how MiCA licensing is reshaping exchange operations across the EU and puts pressure on remaining unlicensed entities to secure authorization. What to watch next is whether Binance pursues a MiCA license through another EU entity and how affected French users migrate assets before the fee and closure deadlines.