Monero delisting for Kraken Germany (support.kraken.com)

submitted 6 months ago* (last edited 6 months ago) by z0rg0n@monero.town to c/monero@monero.town

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Kraken powered by DLT Finance Asset Support The exact service start and other dates may vary. Clients will be contacted with confirmation of the dates. Kraken powered by DLT Finance will support a slightly reduced set of assets and Opt-in Rewards services. Clients holding the following unsupported assets are advised to either exchange these assets to a supported asset (e.g. Bitcoin or Euro) or withdraw to an external wallet or platform before July 10, 2024.

Verified clients’ unsupported assets, if not actioned before July 10, 2024, will be set to withdrawal-only mode and unstaked or opted-out, if applicable. Supported assets, which are currently Staked with Kraken, will be migrated to the Opt-in Rewards program.

Supported Assets

The following assets will be supported by Kraken powered by DLT Finance from July 10, 2024:
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Unsupported Assets*
Monero
Ticker XMR

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[-] tusker@monero.town 16 points 6 months ago* (last edited 6 months ago)

Looks like the financial mafia is gunning hard for XMR. I wonder why they are so scared of a tiny little decentralized currency? Do they have something planned in the future that XMR may thwart?