Kraken Drops Monero Withdrawal Questionnaires, Retains XMR Listing
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Kraken has ended questions about how customers plan to use withdrawn Monero, while retaining source-of-funds checks and keeping XMR listed.
Kraken has dropped questionnaires asking customers how they intend to use Monero after withdrawing it, according to The Defiant. The exchange continues to list XMR.
The change does not remove source-of-funds checks. Those checks remain in place, distinct from questions about customers’ plans for coins leaving the platform.
Kraken co-CEO Arjun Sethi said it was unacceptable to ask clients what they would do with withdrawn coins, drawing a distinction between checking where funds originate and questioning their future use.
Source: The Defiant
