Binance to close accounts in several European countries by year-end

Binance to close accounts — Binance is notifying users in several European countries that their accounts will be closed by the end of the year, with customers urged to withdraw their crypto assets before new fees are applied.

Users in Spain, France, and Poland have reportedly received communications from the exchange informing them of the impending account closures. The affected accounts are scheduled to be shut down on December 31, 2026.

The notices advise customers to withdraw their holdings to avoid potential fees that will be introduced. This move represents a significant operational shift for the exchange in these specific markets.

While the exact reasons for the account closures were not detailed in user reports, the action follows a period of increased regulatory scrutiny on crypto exchanges operating within the European Union’s jurisdiction.