Kraken has announced that it will be discontinuing support for Monero (XMR) in the European Economic Area (EEA). 🚫 Following this news, the price of Monero dropped by more than 5% in the last 24 hours to $144. Kraken stated that it made this decision due to changes in regional regulations. XMR trading will stop on October 31, and users must withdraw their assets by the end of 2024. ⏳