Kraken will delist Monero (XMR) in Ireland and Belgium on June 10 this year, and the remaining balance will be converted to Bitcoin

ChainCatcher news, according to The Block, Kraken will delist the privacy coin Monero (XMR) in Ireland and Belgium on June 10 this year. All XMR trading and deposits will be halted starting May 10, and all margin positions should be closed before this date to avoid forced liquidation.

It is reported that XMR withdrawals will stop on June 10, at which point any remaining XMR balance will be automatically converted to Bitcoin.