🇪🇺 Binance is closing European accounts: accounts closed on 12/31, inactivity fees from 11/29
📌 Binance emailed some users in France, Spain, Italy, and Poland:
• Deposits are disabled, but withdrawals are still allowed
• Starting 11/29, a monthly fee of 0.025% of your balance or 10 USDC will be charged, whichever is higher. The first charge will be within 3 days after 11/29, and the second after 12/24
• Accounts emptied before 11/29 won’t be charged
• Assets not withdrawn by 12/31 will be treated as belonging to an “inactive account” and may be converted or transferred
⚠️ Binance says there was “no sudden freeze.” The reason is that it still has no license after the MiCA transition period ended (it withdrew its application in Greece in June). It says it expects to obtain a license in the coming months.
📉 Market update: BTC is around $75.8k, still below $80k after a week. The Fear & Greed Index is at 28 (Fear). Regulatory pressure and ETF outflows are weighing on sentiment. $BNB
👉 A reminder to affected friends in Europe: Check the notices in your Binance account, and don’t wait until the last day.
Do you think Binance can obtain a MiCA license before the end of the year? Share your thoughts in the comments 👇
#币安 #MiCA #加密监管 $BTC $BNB
Personal opinion only; not investment advice
📌 Binance emailed some users in France, Spain, Italy, and Poland:
• Deposits are disabled, but withdrawals are still allowed
• Starting 11/29, a monthly fee of 0.025% of your balance or 10 USDC will be charged, whichever is higher. The first charge will be within 3 days after 11/29, and the second after 12/24
• Accounts emptied before 11/29 won’t be charged
• Assets not withdrawn by 12/31 will be treated as belonging to an “inactive account” and may be converted or transferred
⚠️ Binance says there was “no sudden freeze.” The reason is that it still has no license after the MiCA transition period ended (it withdrew its application in Greece in June). It says it expects to obtain a license in the coming months.
📉 Market update: BTC is around $75.8k, still below $80k after a week. The Fear & Greed Index is at 28 (Fear). Regulatory pressure and ETF outflows are weighing on sentiment. $BNB
👉 A reminder to affected friends in Europe: Check the notices in your Binance account, and don’t wait until the last day.
Do you think Binance can obtain a MiCA license before the end of the year? Share your thoughts in the comments 👇
#币安 #MiCA #加密监管 $BTC $BNB
Personal opinion only; not investment advice
