Source publication time: November 7, 2026, at 17:17 (UTC+8). This summary reflects the developments reported in PANews’ roundup at that time.
Binance France exit plan includes fees payable first in USDC
PANews reported that Binance announced plans to close Binance France user accounts and cease operations in France on December 31, 2026, because it had not obtained authorization under the EU’s Markets in Crypto-Assets Regulation (MiCA). Deposits were already unavailable, according to the report.
The reported withdrawal and fee schedule was:
- Starting November 29, accounts still holding assets would incur a monthly management fee of 0.025%, with a minimum charge of 10 USDC. Fees would be deducted from USDC holdings first.
- The first deduction would occur within three days after November 29, and the second after December 24.
- Accounts that withdrew all assets before November 29 would be exempt from the fees.
- Assets remaining after December 31 could be treated as belonging to inactive accounts and could be converted, transferred or otherwise handled.
These are exchange account-management and withdrawal arrangements, not USDC issuer redemption terms.
Russia’s reported retail-access list includes USDT
Citing TASS, PANews reported that Russia’s central bank had identified cryptocurrencies that could be made available to non-qualified investors, including bitcoin, ether and USDT.
The relevant directive was scheduled to take effect on November 17, 2026, allowing exchanges to make those assets available for public circulation. The report did not provide details about USDT reserves or issuer redemption arrangements.
US agencies withdraw proposed lower transfer-reporting threshold
According to a FinCEN announcement cited by PANews, FinCEN and the Federal Reserve Board would jointly withdraw a proposed rule originally published on October 27, 2020.
The proposal would have lowered the threshold for cross-border transfers subject to the recordkeeping and “Travel Rule” requirements from $3,000 to $250. It also sought to clarify that the requirements applied to domestic and cross-border transactions involving convertible virtual currencies and digital assets with legal-tender status.
The agencies said they would take no further action on that proposal. Publication of the withdrawal notice in the Federal Register was scheduled for November 9, 2026; the existing $3,000 threshold would remain unchanged.
Chinese central bank links Solana enforcement to virtual-currency restrictions
Citing Financial News, PANews reported that an official from relevant departments of the People’s Bank of China said authorities had stopped the “Solana Accelerate China 2026” event in Shanghai before it began and would investigate the entities and individuals involved.
The official said Solana provided technical services for the issuance and trading of assets including USDT, and characterized its promotion as a violation of a notice issued by eight departments in February 2026. The official identified domestic virtual-currency dealers and domestic affiliates of overseas virtual-currency issuance and trading platforms as enforcement priorities.
Tokenized-securities notice changes stablecoin wording
PANews also reported that a November 5 public notice from OKXICE TSV, described as a tokenized-securities platform jointly established by OKX and Intercontinental Exchange, changed its payment-stablecoin wording from “USDC, USDG or USDT” to “such as USDC, USDG.”
The revised wording no longer mentioned USDT. The supplied report did not establish whether that wording change amounted to a formal removal of USDT support.