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Kraken to Delist Monero XMR in Europe – Withdraw Your Funds Before It’s Too Late!

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By on October 2, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Kraken to Delist Monero XMR in Europe – Withdraw Your Funds Before It’s Too Late! appeared first on Coinpedia Fintech News

Kraken has announce to delist Monero (XMR) for users in the European Economic Area (EEA) on October 31, 2024, at 15:00 UTC due to upcoming regulatory changes under the Markets in Crypto-Assets (MiCA) framework. Users are urged to close any open XMR positions by this date and withdraw their Monero holdings by December 31, 2024. This move follows Kraken’s earlier discontinuation of XMR support in Germany, Belgium, and Ireland. The delisting highlights the increasing regulatory pressure on privacy coins like Monero across Europe.

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