# Binance Closes French Accounts by Dec 31

> Binance will close French user accounts on December 31 after missing MiCA deadline.
- Title: Binance Closes French Accounts by Dec 31 · Startup Fortune
- Summary: Binance will close French user accounts on December 31 after missing MiCA deadline.
- Keywords: binance, mi ca, eu crypto regulation, crypto exchange, france, withdraw crypto, coinbase, kraken, okx, Startup Fortune
- Source: Startup Fortune — https://startupfortune.com/binance-tells-french-users-it-will-close-their-accounts-on-december-31
- Published: 2026-11-07T16:34:33+00:00
- Read time: 1 min
- Topics: binance, mi ca, eu crypto regulation, crypto exchange, france, withdraw crypto, coinbase, kraken, okx, startups, business
## Binance France Account Closure
Binance France will close user accounts on December 31, 2026, after missing MiCA licensing deadline.
## Fee Clock Starts November 29
Accounts holding assets face a 0.025% management fee or 10 USDC starting November 29.
## MiCA Deadline Missed
Binance missed June 30 deadline to win EU MiCA authorization for its French operations.
## Withdrawals Still Work
Withdrawals remain possible but deposits are disabled and transactions may be rejected.
## Fee Impact on Small Balances
Users with less than 40,000 USDC face higher fees than percentage-based charges.
## French Regulatory Status
Binance France held AMF registration but lost it after July 2 MiCA expiry.
## Binance's EU Exit Strategy
Binance withdrew Greek MiCA application and now seeks French authorization but will close by December 31.
## Competitor Takeover
Coinbase, Kraken, and OKX have MiCA licenses to absorb displaced French users.
## User Impact
French users with assets after November 29 face fees until December 31, then possible account closure.
## Key takeaway

Binance closes French accounts on December 31 due to missing EU MiCA licensing deadline.