TREE NEWS update: Binance will close affected EU accounts on Dec. 31, 2026, and from Nov. 29 will charge a monthly fee of 0.025% of the remaining balance or 10 USDC, whichever is higher. Accounts holding under $40,000 pay a flat 10 USDC per month, and Binance will take the entire balance if it is below the fee owed. The accounts can no longer deposit but can still withdraw, and Binance said it is still applying for a MiCA license in another EU country.
Binance to close affected EU accounts by end-2026, levies monthly fee from Nov 29
The escalating fee structure turns a compliance wind-down into a balance-erosion problem for smaller holders, since accounts below the fee threshold can be wiped out entirely — a detail that matters more than the closure date itself. Affected EU users now face a de facto deadline to move or withdraw assets before monthly charges compound. Binance's pending MiCA application in another EU country is the variable worth watching: whether that process restores access, or whether the current closure timeline proceeds regardless, is the open question.
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