Binance France has informed its users via email that all accounts will be closed on December 31, 2023. This announcement follows regulatory scrutiny and changes in the platform’s operations in the French market.
Users are advised to withdraw their assets before the deadline, as the exchange will start charging monthly fees on any remaining balances starting November 29, 2023.
The closure marks a significant development for Binance’s presence in France, highlighting ongoing regulatory challenges faced by crypto exchanges across Europe.
Binance urges users to act promptly to avoid incurring fees and potential loss of access.