Morning Edition · Tuesday, November 10, 2026Published at 12:42 AM EST · New York

Binance Will Close Accounts in France, Spain, Italy and Poland on December 31 and Charge Idle Balances From November 29

Binance has no license under the European Union's Markets in Crypto-Assets Regulation (MiCA) after withdrawing its Greek application in June, and balances left on the exchange will incur a monthly fee of 0.025% or 10 USDC.

Binance has told users in France, Spain, Italy and Poland to withdraw their crypto. Deposits are blocked and accounts will close on December 31. From November 29, balances that remain on the exchange will be charged 0.025% or 10 USDC a mont…