Binance informed its French users that their accounts will be closed on December 31, 2026, because it lacks MiCA authorization. Since July, the platform has prohibited purchases, deposits and trading in France but still allows customers to view balances and withdraw funds. Starting on November 29, accounts with a positive balance will be charged 0.025%, with a minimum of 10 USDC, while assets left in the accounts may be converted after the closure. Withdrawals require users to select the token, address and network, then confirm the transaction with two-factor authentication; a small test transfer is recommended to reduce the risk of errors. Funds can be moved to a self-custody wallet or a licensed centralized platform such as OKX, which is offering an 8% bonus for converting USDT to USDC through November 13.
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