Kraken cancels the Monero withdrawal questionnaire, XMR remains listed

According to The Defiant, cryptocurrency exchange Kraken has canceled the questionnaire requirement for Monero withdrawals, and XMR remains listed on the platform.

Kraken co-CEO Arjun Sethi stated that asking customers how they will use the withdrawn tokens is unacceptable. The exchange will still retain the review of the source of funds.

Previously, Kraken required some users withdrawing XMR to answer enhanced due diligence questions, including explaining the reason for the transaction and the expected use of XMR after withdrawal.