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Home/crypto/Kraken drops Monero spending questions but keeps a $1,500 rolling 30-day withdrawal cap for individuals

Kraken drops Monero spending questions but keeps a $1,500 rolling 30-day withdrawal cap for individuals

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CryptoSlate
By Oluwapelumi Adejumo
10/24/2026, 7:00:37 PM
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Kraken drops Monero spending questions but keeps a $1,500 rolling 30-day withdrawal cap for individuals
EXECUTIVE SUMMARY

Crypto exchange Kraken has withdrawn intrusive compliance demands sent to Monero customers after its co-CEO admitted the requests were unjustified. On Oct. 24, Arjun Sethi said that customers who purchased and withdrew Monero (XMR) had received emails requesting information about their employers, sources of funds, and intended use of the cryptocurrency. He acknowledged that no… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst i

Key Takeaways

  • Kraken drops Monero spending questions but keeps a $1,500 rolling 30-day withdrawal cap for individuals.
  • Crypto exchange Kraken has withdrawn intrusive compliance demands sent to Monero customers after its co-CEO admitted the requests were unjustified.
  • 24, Arjun Sethi said that customers who purchased and withdrew Monero (XMR) had received emails requesting information about their employers, sources of funds, and intended use of the cryptocurrency.

Crypto exchange Kraken has withdrawn intrusive compliance demands sent to Monero customers after its co-CEO admitted the requests were unjustified. On Oct. 24, Arjun Sethi said that customers who purchased and withdrew Monero (XMR) had received emails requesting information about their employers, sources of funds, and intended use of the cryptocurrency. He acknowledged that no… Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

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