Binance just pulled the plug on France.
No MiCA license = game over. Accounts getting nuked Dec 31.
What's happening:
• Deposits already frozen
• 0.025% monthly bleed starting Nov 29 (min $10 $USDC)
• Full shutdown by year-end
If you're in France and still sitting on funds there, clock's ticking. This is what regulatory failure looks like in real-time.
Europe's getting tighter. MiCA compliance isn't optional anymore—exchanges either play ball or exit.
Where are French degens moving to? CEXs with MiCA stamps or full degen mode into DEXs?
No MiCA license = game over. Accounts getting nuked Dec 31.
What's happening:
• Deposits already frozen
• 0.025% monthly bleed starting Nov 29 (min $10 $USDC)
• Full shutdown by year-end
If you're in France and still sitting on funds there, clock's ticking. This is what regulatory failure looks like in real-time.
Europe's getting tighter. MiCA compliance isn't optional anymore—exchanges either play ball or exit.
Where are French degens moving to? CEXs with MiCA stamps or full degen mode into DEXs?
