Binance France account closures, EU tokenization standards and Zcash’s proposed block-time cut

Historical roundup based on Cointelegraph’s report published Nov. 9, 2026, at 21:36:56 UTC+8.

Binance France customers face withdrawal deadline and maintenance fees

Binance France customers were notified by email in early November that their accounts would close on Dec. 31, according to media reports cited by Cointelegraph.

Cryptoast, Crypto Briefing and other outlets reported on Saturday, citing Binance customer emails, that accounts retaining assets would incur monthly maintenance fees beginning Nov. 29. The reported fee is 0.025% of the account balance, with a minimum of 10 USDC, a stablecoin tracking the US dollar.

Binance said withdrawals must be completed by Nov. 29 to avoid the fees. The fee start date therefore precedes the stated account-closure date.

EU seeks common standards for holding and settling tokenized securities

The European Central Bank, European Commission and European Securities and Markets Authority are seeking nominations for an industry-led European Tokenisation Standards Group, or ETSG, according to a release published Monday.

EU industry associations, global institutions, private firms and fintech companies can apply by Nov. 27. Work is scheduled to begin in January 2027, with the three EU institutions participating as observers rather than leading the industry group.

The group will develop technical and market standards for holding and settling tokenized securities across distributed ledger technology platforms, including interoperability with existing financial systems. Its mandate targets an initial set of standards by early 2028.

The standards will support Appia, the Eurosystem’s initiative to develop a blueprint for Europe’s tokenized financial markets. The institutions warned that fragmentation could constrain tokenization’s benefits. The group may also recommend ways for EU authorities to encourage adoption of its standards.

The effort follows the Eurosystem’s September launch of Pontes, a system enabling financial institutions to settle wholesale transactions in tokenized assets using central bank money.

Zcash developers propose 20-second blocks

Zcash developers ValarDragon and Evan Forbes submitted a draft Zcash Improvement Proposal on GitHub on Sunday to reduce the network’s target block interval from 25 seconds to 20 seconds. They sought inclusion in the next community poll and consideration for the forthcoming NU7.1 upgrade; the change was a proposal, not an activated upgrade.

The developers said shorter intervals would reduce the expected wait for an initial transaction confirmation, improving the experience for point-of-sale payments, exchange deposits and cross-chain swaps. They also said the proposal would not increase overall daily capacity for private transactions and would preserve the existing issuance schedule despite more frequent blocks.

The proposal followed Friday’s activation of NU7 on mainnet, which reduced the target block interval from 75 seconds to 25 seconds. NU7 also introduced a Network Sustainability Mechanism designed to recycle a portion of transaction fees into future mining rewards while preserving Zcash’s 21 million ZEC supply cap.

Original article: Cointelegraph