Send an email QuoteReddit users have voted Kraken as the 8th-largest crypto exchange worldwide by volume. AnnoucedIt would mean Monero, a privacy coin Monero being removed from the listXMRIn compliance with UK regulations. The platform will end all XMR trading, make XMR wallets withdraw-only, and force liquidation of any existing XMR Margin positions.

Privacy coins such as Monero, which use advanced cryptography to hide participants’ public addresses and payment amounts, make it difficult for Chainalytics, a forensic entity, to digitally track the identities of transacting parties.