Binance France will close customer accounts by the end of December after failing to secure authorization under the EU's Markets in Crypto-Assets regulatory framework. The exchange sent emails to customers warning that accounts holding funds past November 29 will incur monthly fees of 0.025% of balances or 10 USDC minimum.
The closure affects only accounts under the Binance France entity, not all French users of the global platform. Binance's French registration with local regulators expired in July after the MiCA transition period ended. The company withdrew its Greek license application and says it continues seeking authorization in another EU member state.
Read the full story on BSC News: Binance France to Close Customer Accounts by December 31 After Missing MiCA Authorization Deadline
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