[Binance Notifies Some European Users to Withdraw Account Assets; Affected Accounts to Close on December 31] BlockBeats reports that on November 8th, a Binance spokesperson confirmed that following the end of the EU's Crypto Asset Markets Regulation (MiCA) transition period, the platform is gradually restricting some services for affected users, and these accounts will be closed on December 31, 2026. Users in France, Spain, Italy, and Poland have reported receiving emails requesting asset withdrawal. The spokesperson stated that affected accounts are currently not accepting deposits, but users can still withdraw their crypto assets and fiat currency balances; assets remain safe and accessible, and there is no "sudden freeze." Binance contacted users in these countries as early as June, requesting them to withdraw their assets. According to publicly available emails, Binance plans to charge a monthly fee starting November 29th, based on either 0.025% of the remaining crypto asset balance or 10 USDC, whichever is higher. The first deduction will be made within three days starting November 29th, and the second will be made after December 24th. If the account balance is insufficient to cover the fees, the entire balance will be deducted. Fees will be deducted first from USDC holdings, and then from other crypto assets if necessary. The email also states that accounts with crypto asset balances after December 31st will be considered inactive accounts, and the relevant assets may be converted or transferred. CoinDesk points out that the email has not yet been confirmed, but Binance's website terms do stipulate that the platform can deduct fees directly from inactive accounts monthly to cover asset custody costs. Regarding regulation, data from the French Financial Markets Authority (AMF) shows that Binance France's registration automatically expired on July 2nd with the end of the existing French registration system. MiCA requires crypto exchanges to obtain authorization in EU member states before providing services throughout the EU. Binance withdrew its Greek MiCA license application in June, stating that it plans to apply in another member state, but has not yet announced the specific country. As of the time of this report, Binance was still not listed in the European Securities and Markets Authority's directory of authorized crypto service providers. A Binance spokesperson stated that the company's commitment to the European market remains unchanged and it is actively pursuing the path to obtaining authorization. [Original Link]