Kraken Monero delisting in Ireland and Belgium (support.kraken.com)

submitted 7 months ago by z0rg0n@monero.town to c/monero@monero.town

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As of May 10, 2024 trading and deposits will be halted for XM^R.
All margin positions will need to be closed by May 10, 2024 or these positions will be auto-closed.
We will halt withdrawals of XMR on Kraken on June 10, 2024. At this time, any remaining XMR balances will be auto-converted into BTC.

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[-] ThetaDev@lemmy.dbzer0.com 3 points 7 months ago

Why Ireland and Belgium? Any chances that this will be extended to the whole EU?

[-] admin@monero.town 9 points 7 months ago

It's likely. EU also recently voted on a 3k euro limit for cash limit for non-kyced transactions. Good thing we have Haveno coming up which is a p2p marketplace and so far the EU has left p2p mostly alone (not like a ban would be enforceable anyways).