I thought delisting is making a coin scare and therefore harder to get supposed to increase the price.
krfc89 on
This is good for monero /s
hiorea on
Gentlemen, this is privacy manifest! What is the charge? Having a privacy? Get your hand off my p****
Xylber on
This is actually a good thing, if they delisted it is because it works.
crypto_zoologistler on
We’re gonna be seeing more and more of this, as more regulation comes into effect no reputable centralised exchange is gonna wanna touch Monero because of its huge use in the child porn and organised crime sectors of the economy
coinfeeds-bot on
tldr; Kraken, a major crypto exchange, announced it will delist Monero (XMR), the largest privacy coin, from its European Economic Area offerings due to regulatory scrutiny. This decision impacts XMR trading pairs like XMR/USD and XMR/EUR, with trading deactivated by October 31, 2024. EEA customers have until December 31, 2024, to withdraw their XMR, after which remaining coins will be converted to Bitcoin. The delisting follows similar actions by other exchanges, reflecting regulatory challenges faced by privacy coins like Monero.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Kekkins on
“customers have until December 31, 2024, to withdraw their XMR, after which remaining coins will be converted to Bitcoin”…so will any Kraken employee or CEO keep the converted Monero? but I guess they’ll be so good they’ll burn them, lol
final_lionel on
Forced withdraw and hodl for me 😅😂
DerMarki on
Kraken has been on a steep decline for the past months. It once was the go-to place for european users.
OrionDogStar on
Crypto is nothing more than an inside job. Very centralized. We were sold a scam.
Bitter-Good-2540 on
Just Like Bitcoin,xmr does not need exchanges! Right, right?
kirtash93 on
I have the feeling that MiCA has something to do with Kraken delisting Monero in Europe.
Anyway, this shows that Monero privacy is working and govs hate it.
Etrensce on
Only XMR fanboys could tell you with a straight face that reduced liquidity is good for the price.
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Every_Hunt_160 on
Wow that is not good from Kraken
I thought you were better than that, you were our favourite friends on r/cc! /s
19 Comments
I thought delisting is making a coin scare and therefore harder to get supposed to increase the price.
This is good for monero /s
Gentlemen, this is privacy manifest! What is the charge? Having a privacy? Get your hand off my p****
This is actually a good thing, if they delisted it is because it works.
We’re gonna be seeing more and more of this, as more regulation comes into effect no reputable centralised exchange is gonna wanna touch Monero because of its huge use in the child porn and organised crime sectors of the economy
tldr; Kraken, a major crypto exchange, announced it will delist Monero (XMR), the largest privacy coin, from its European Economic Area offerings due to regulatory scrutiny. This decision impacts XMR trading pairs like XMR/USD and XMR/EUR, with trading deactivated by October 31, 2024. EEA customers have until December 31, 2024, to withdraw their XMR, after which remaining coins will be converted to Bitcoin. The delisting follows similar actions by other exchanges, reflecting regulatory challenges faced by privacy coins like Monero.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
“customers have until December 31, 2024, to withdraw their XMR, after which remaining coins will be converted to Bitcoin”…so will any Kraken employee or CEO keep the converted Monero? but I guess they’ll be so good they’ll burn them, lol
Forced withdraw and hodl for me 😅😂
Kraken has been on a steep decline for the past months. It once was the go-to place for european users.
Crypto is nothing more than an inside job. Very centralized. We were sold a scam.
Just Like Bitcoin,xmr does not need exchanges! Right, right?
I have the feeling that MiCA has something to do with Kraken delisting Monero in Europe.
Anyway, this shows that Monero privacy is working and govs hate it.
Only XMR fanboys could tell you with a straight face that reduced liquidity is good for the price.
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Wow that is not good from Kraken
I thought you were better than that, you were our favourite friends on r/cc! /s
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