KONSKIE, POLAND
Cryptocurrency exchange Kraken will stop UK customers from trading in privacy crypto coin monero from next week, according to a company email that was shared on Redditlast week.
The email stated that by November 26, UK users would no longer be allowed to trade monero (XMR) on its platform against bitcoin, the dollar or the euro. Any deposits in the UK will no longer be credited after this Friday, but the balances can be withdrawn from that date to a personal wallet or another exchange, the email said.
Any open margin positions should be closed by Friday and if they are not they will be liquidated and any open orders will be cancelled, Kraken said in the email.
People will also only be able to reduce margin positions in monero
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