Kraken forces UAE users to liquidate seven assets including XMR and ZEC

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Kraken has implemented mandatory liquidation of XMR, ZEC, DASH, USDD, DAI, USDS, and USDE balances held by UAE users since September 15th, with a liquidation window lasting until September 25th. The withdrawal of related assets has been stopped at 22:00 on September 14th (UTC+8), and trading and recharging have been closed on June 16th. Kraken stated that the delisting was based on routine asset review, without mentioning regulatory requirements, and the valuation currency of the liquidation proceeds could not be confirmed before execution.

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