Important Binance Announcement Concerning French Users (Report)

Brief

By Dextape Desk · November 9, 2026

Binance has reportedly been unable to obtain the MiCA license needed to keep serving European Union customers, and several sources say it will close accounts in some countries, France included, by December 31. Earlier this year it withdrew its application in Greece and said it would seek approval elsewhere, but it missed a July 1 deadline. Coin Bureau reports that Binance France is set to shut every client account before year-end. Incoming deposits have already been halted, but withdrawals remain possible until then, and anyone holding funds past November 29 faces a monthly charge of 0.025% of the balance or 10 USDC. The exchange, which lost $6.3 billion in an October hack, has restored some withdrawals and says about 95% of the stolen funds are covered.

Why it matters: The planned wind-down would force French users to move their holdings off the exchange before the deadlines, making the EU licensing gap a practical concern for customers.

Mentioned: Circle, Binance

Summary by Dextape, based on reporting by CryptoPotato. Machine-written from CryptoPotato’s report and checked against it · How Dextape writes