Kraken Scraps Monero Withdrawal Questionnaires, Keeps XMR Listed
- —Kraken removed withdrawal-purpose questionnaires for Monero but kept source-of-funds checks
- —Co-CEO Arjun Sethi said asking clients about the fate of withdrawn coins is unacceptable
- —Monero (XMR) remains listed on the exchange
Why it matters: Easing compliance friction on a privacy coin reduces pressure on XMR holders and sets a precedent for other exchanges.
Source: The Defiant