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Context: Kraken is the only US-based cryptocurrency exchange which supports Monero, the top untraceable privacy coin of today. Binance, the world's largest exc
by buildbuildbuild 3y ago
Context: Kraken is the only US-based cryptocurrency exchange which supports Monero, the top untraceable privacy coin of today.
Binance, the world's largest exchange by volume, yesterday announced the de-listing of Monero, triggering a price crash of 38%.
Kraken's post is in response to a Monero tweet. Privacy coins are akin to cash and legal in most jurisdictions, but are facing aggressive de-listing by exchanges with low regulatory risk tolerances. Kraken stands strong following explicit US laws rather than the extra-judicial whims of compliance teams.