Kraken to cease Monero trading in two European countries

Kraken, a major crypto trading platform, has announced the delisting of Monero (XMR) for users in Ireland and Belgium, effective June 10, 2024. After the delisting date, any remaining XMR balances will automatically be converted to Bitcoin (BTC).According to Kraken's notice, the platform will stop XMR trading and deposits starting May 10, 2024, prohibiting any further transactions with the... source: https://cryptobriefing.com/kraken-monero-delisting-update/