• TRM (USD/COP)COP 3,301.91 +0.15% +COP 4.84Colombia's official exchange rate (Financial Superintendence), valid Nov 13 to Nov 13
  • EuroCOP 3,649.29 -0.53% -COP 19.38Reference: TRM crossed with the European Central Bank rate of Nov 13; not the market quote
  • Mexican pesoCOP 177.59 +0.50% +COP 0.89Reference: TRM crossed with the European Central Bank rate of Nov 13; not the market quote
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Binance to close all European user accounts from December 31

FinanceInternationalExpansiónAI summary
Image: Expansión

Binance announced the official closure of affected European users' accounts from December 31, after failing to obtain the MiCA license. Since July 1 it could only facilitate asset withdrawals. The company is already notifying users in France, Spain, Italy and Poland and urged them to act quickly: from November 29 it will charge 0.025% of the remaining balance per month or 10 USDC for inactive accounts, with a first charge on December 2.

In 35 seconds

  • Binance will officially close affected European users' accounts from December 31
  • Since July 1 it cannot operate with cryptoassets in the EU because it lacks the MiCA license
  • It has already notified users in France, Spain, Italy and Poland about the full closure of their accounts
Read the full story at Expansión

IASummary generated by artificial intelligence from a story by Expansión. It may contain errors: the original source prevails.

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