OKX Courts Binance France Users as the Exchange Plans a Year-End Exit

Binance France will close customer accounts on December 31, 2026, following a failure to obtain authorization under the Markets in Crypto-Assets regulation, Blockonomi reported. The outlet did not provide further detail about the failed application or the closure’s operational scope. Blockonomi also reported that Binance plans to introduce a monthly management fee of 0.025%, subject to a minimum charge of 10 USDC. As the closure approaches, OKX Europe is promoting euro ramps, spot and derivatives trading, staking and tokenized stocks. Its Unified Trading Account places spot, margin and derivatives activity within one interface. This is the only outlet supplied covering the development, so the closure date, fee structure and OKX campaign remain attributable to Blockonomi rather than independently corroborated by other publications. The available primary-source data provides context for the fee denomination: DeFiLlama reports a USDC circulating supply of $70.69 billion, while live market figures put USDC’s market capitalization at $70.52 billion and its price at $0.999698. The broader crypto market is currently flat, with total capitalization at $2.61 trillion. Bitcoin is down 0.12% over 24 hours, while the Fear & Greed index stands at 25, labeled “Extreme Fear.” USDC is up 0.02% over 24 hours and down 0.01% over seven days. What to watch includes how the account closure and management fee are implemented, and whether OKX’s euro-focused product campaign gains traction among affected users.