Kraken Announces Delisting of Monero in Ireland and Belgium
Thursday, 11 April 2024, 12:55
Kraken to Delist Monero in Ireland and Belgium
The decision by Kraken, a leading crypto exchange, to delist Monero in Ireland and Belgium is part of a broader industry trend.
Conversion to Bitcoin
Remaining Monero balances on the platform will be converted to bitcoin, aligning with the shift away from privacy coins.
Regulatory Scrutiny: This move reflects the growing regulatory pressure on privacy-focused cryptocurrencies.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.