Binance will close all French accounts on December 31, 2026, due to its lack of MiCA authorization, while deposits and purchases have been blocked since July 1, 2026. Starting November 29, the platform will charge fees of 0.025% or 10 USDC on every remaining balance, whichever is higher, and may convert or transfer cryptocurrencies left on accounts after their closure. Funds must be withdrawn to a licensed platform or a personal wallet, with the correct network selected, while euros can be obtained by selling cryptocurrencies through the “Convert” tool and then making a bank transfer. Taxable sales are taxed at 31.4% when they exceed €305 during the year and must be declared using form 2086, but transferring assets to a personal wallet or exchanging them for other cryptocurrencies does not trigger taxation. Users should download their transaction history before their account closes and beware of scammers promising to unlock their funds in exchange for fees.
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