Kraken co-CEO admits it was wrong to ask Monero buyers for information

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Kraken co-CEO Arjun Sethi admitted that asking customers who purchased and withdrew Monero (XMR) about their employer, source of funds, and plans for holding it was wrong. The requests have been withdrawn, and there was no legal requirement to ask these questions. Kraken will continue to list XMR, but users in the European Economic Area and the UK cannot deposit XMR, while users in Canada and Australia cannot deposit, hold, or trade it.