Binance Tells Users in Four EU Markets to Withdraw Before Accounts Close

Binance is progressively restricting services for users in France, Spain, Italy and Poland following the end of the European Union’s MiCA transition period. Affected customers have received notices saying deposits are blocked while crypto and fiat withdrawals remain available. Beginning November 29, accounts with remaining crypto may be charged 0.025% of their balance or 10 USDC per month, whichever is higher. Binance told CoinDesk that affected accounts will close on December 31, 2026, while stressing that customer assets remain safe and accessible and that there is no sudden freeze. The exchange is still pursuing authorization in another EU member state.