Kraken to delist XMR in EU: Another exchange drops Monero, what does it mean for you? : DarkMatterMarket | Torhoo darknet markets
Starting 31 October, Kraken will delist XMR for users in the European Economic Area.
This isnt particularly surprising, as XMR continues to be the bane of LE efforts worldwide. If anything, every time an exchange delists XMR its a testament to the power we have at our hands with XMR as an absolute tool of funds obfuscation. But this does potentially effect some buyers and we've already had an uptick in queries from users asking about recommendations on obtaining XMR.
First off, its important to note here - even with XMR, you really shouldnt rely on a crypto exchange. Exchanges are the banks of the crypto world, they are beholden to Law Enforcement and they are not your friend.
Second, for those potentially impacted by this event and who may find themselves struggling to obtaining XMR, we strongly recommend utilizing the exchanging services listed on kycnot.me. It is easy to obtain a mainstream crypto like bitcoin and then exchange it to XMR with a privacy oriented exchange service from kycnot.me. Always make sure you are checking the privacy rating of the exchange service you are using and be sure to select one that will not hold your funds in the event of a KYC request.
The future of the darkweb is intertwined heavily with XMR and I look forward to the day that no exchanges list Monero.
When they delist XMR, they necessarily sell those. This should drive the price down, but for some reason it does not (the price is pretty steady since 2022).