#Binance has informed users in certain European countries that their accounts will be closed starting December 31, 2026. This does not mean that Binance is going to disappear from all of Europe or that all its users are affected.

The reason is related to #MiCA (Markets in Crypto-Assets), the European Union (EU) regulation that establishes a common framework for regulating crypto-asset service providers, who must obtain the corresponding authorization to provide their services.

As a result, Binance is restricting certain services because it does not yet have MiCA authorization. However, this does not mean a shutdown across the entire EU. So far, shutdown notices have only been reported in Spain, France, Italy, and Poland, while Portugal is not among the countries that have received these notices.

Important dates and conditions to keep in mind

November 29, 2026

A monthly fee will begin to be charged on cryptocurrency balances:

  • 0.025% of the balance or 10 USDC, whichever is greater.

  • Two charges will be made: the first within three days of November 29, and the second after December 24.

December 31, 2026

  • Expected date for the closure of affected accounts.

According to Binance, affected users can still withdraw their funds, both in cryptocurrency and euros, although deposits are restricted. Therefore, my recommendation is:

  1. Check your email and notifications within Binance.

  2. Check whether your account is included in the closure process and whether the conditions match the notices you received.

  3. Withdraw your assets or transfer them to secure, authorized platforms in Europe, or to a personal wallet, first verifying the networks and addresses.

  4. Download your transaction history to keep the records.

Finally, remember that not all Binance accounts are affected. Always verify official communications before making decisions. If you have any questions, contact Binance Support.

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#BinanceSquare #trading #Europe