Bitcoin Magazine reports that Binance will stop servicing customer accounts in France, Spain, Italy and Poland starting December 31, 2026. An exchange representative confirmed the closure date and linked the restrictions to the end of the transition period under the MiCA rules.
According to emails sent to users, 0.025% of their cryptocurrency balance or 10 USDC — whichever is greater — will be deducted monthly starting November 29. Binance has not yet publicly confirmed the amount of these fees.
Deposits for affected users have already been restricted, but cryptocurrency and fiat withdrawals remain available.