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Crypto

Binance's French Subsidiary to Close All Accounts by December 31 Due to Lack of EU Approval

2026/11/07 19:25(Updated 2026/11/08 09:03)

CoinPost

Written by L.Kikutani

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Binance's French Subsidiary to Close All Accounts by December 31 Due to Lack of EU Approval

Closure on December 31

Binance France, the French subsidiary of the leading cryptocurrency exchange Binance, will close all customer accounts on December 31. This was reported by the French cryptocurrency media outlet Cryptost, citing an email sent to customers.

The background to this decision is the company's failure to obtain approval under the EU's cryptocurrency regulation 'MiCA,' which became mandatory on June 30. The company plans to cease operations in France, and deposits have already been halted. ...

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