🚨Kraken announced that it will stop supporting Monero (XMR) in the European Economic Area (EEA) at the end of October, causing the price of XMR to fall by more than 5% in the past 24 hours and is currently trading at $144. Kraken said the move was due to regional regulatory changes. Users must withdraw their assets by December 31, 2024, and unwithdrawn Monero will be automatically converted to Bitcoin and distributed on January 6, 2025. What do you think of this regulatory change? Welcome to discuss in the comments section! 💬#Blockchain#Monero #Kraken