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Monero declines 5%, Kraken discontinues support in EEA amid regulatory demands – TON BOT

TON BOT

Monero declines 5%, Kraken discontinues support in EEA amid regulatory demands

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Kraken will end support for Monero (XMR) in the European Economic Area by October 31, 2024, due to regulatory changes. Trading and deposits will cease, and open orders will close. Users can withdraw XMR until December 31, 2024; unclaimed funds will convert to Bitcoin. Monero’s removal reflects tracking challenges. XMR’s value dropped 5%.

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