Monero (XMR) exchange troubles continue with another major delisting
Kraken has announced it will delist Monero (XMR) from its exchange in Ireland and Belgium. Other exchanges, including Binance, have previously delisted XMR amid regulatory scrutiny. XMR price was at $132, largely flat after the Kraken news. Privacy coin Monero (XMR) has faced numerous delistings in recent months, with leading crypto exchanges ending trading support for XMR as part of their regulatory compliance. The latest setback in the regard comes after cryptocurrency exchange Kraken announced an end to trading support for the privacy coin. In a notice, Kraken informed its customers it would delist Monero from its platform in Ireland and Belgium. The announcement, published earlier today, states that the CEX will remove XMR from its platform in the EU jurisdictions as from June 10, 2024. Ahead of that, Kraken will halt trading and deposits on May 10. The exchange will also auto-close any open margin positions by May 10 – which means customers ha...