Binance tells users in some European countries to withdraw crypto before fees begin, with accounts closing by year-end

Binance is urging affected European users to withdraw funds before monthly fees on leftover balances begin Nov. 29, with deposits already blocked. A spokesperson said accounts will close Dec. 31, 2026, calling it "a carefully managed process" following the end of the MiCA transition period, and stressing there is "no sudden freeze." Users in France, Spain, Italy and Poland report receiving the notices; Binance first contacted users in those countries in June. The exchange still lacks a MiCA license, which it needs to serve customers anywhere in the EU.

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