Kraken to delist Monero in Belgium, Ireland

Due to EU anti-money laundering rules, Kraken will delist privacy cryptocurrency Monero in Belgium and Ireland by June 10. Kraken announced it will suspend Monero (XMR) deposits and trading on May 10. The withdrawals would remain open until June 10, but customers were advised to close all margin and leveraged positions before XMR trading is suspended. XMR hardly reacted...

Australia poised for ‘inflection point’ of crypto demand — Kraken Aus MD

Kraken Australia's Managing Director Jonathon Miller said institutional crypto demand is lagging in Australia, but stablecoins and the right policy moves could help it catch up. Australia’s crypto industry is in a good spot to benefit from a global “inflection point” for crypto demand as long as its lawmakers make the right decisions, according to a...

Kraken exec advocates for Bitcoin ETF in the UK

Kraken UK managing director Bivu Das is calling for the introduction of Bitcoin exchange-traded fund (ETF) in the UK. Speaking during an interview at the Digital Asset Summit in London, Das stated that Bitcoin ETFs, which are restricted in the UK, can offer investors an opportunity to make decent returns. “The UK has always said it wants...