Binance confirmed that it will close some European accounts by December 31, after the end of the MiCA transition period. Customers in France, Spain, Italy, and Poland have already been notified: deposits are blocked, but withdrawals are still available. Starting November 29, a monthly fee of 0.025% or 10 USDC (whichever is greater) will apply to balances. For $BNB , this is another regulatory factor, while EU users are left wondering whether to move their funds or wait. $BNB is trading around $697. This is not financial advice.
Will this trigger an outflow from Binance in the EU? 👇
#MiCA