According to FinanceFeeds, Binance will close accounts held by customers in France, Spain, Italy, and Poland by December 31, 2026, following the end of the European Union's Markets in Crypto-Assets Regulation (MiCA) transition period. A Binance spokesperson confirmed the exchange is progressively restricting services after failing to secure authorization under the new ruleset. Deposits have been blocked, but customers can still withdraw cryptocurrency and fiat balances until the deadline.

Starting November 29, Binance will impose monthly charges on remaining cryptocurrency balances at 0.025% or 10 USDC, whichever is higher. Two deductions are scheduled before account closure. The exchange obtained registration in these markets under the previous regulatory framework, but MiCA's transition period ended July 1, requiring new authorization. Binance withdrew its Greek licensing application in June and has not publicly identified an alternative regulatory jurisdiction.

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