Cryptocurrency Q&A
Is XMR banned in the UK?
Is XMR banned in the UK?
lucas_clark_artist
Thu May 23 2024
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6 answers
1209
Could you kindly clarify for me, is Monero, or XMR, prohibited for use within the United Kingdom? I've heard conflicting information, and I'm seeking a definitive answer. If it is indeed banned, could you provide the reasons behind this decision? Conversely, if it's not banned, I'd appreciate knowing if there are any specific regulations or guidance that one should adhere to when dealing with XMR in the UK. Thank you in advance for your assistance.
6 answers
KimchiQueenCharmingKissWarmth
Sat May 25 2024
Kraken has made a significant announcement via email, revealing a change in its trading policies.
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CrystalPulse
Fri May 24 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services including spot trading, futures trading, and wallet solutions.
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Caterina
Fri May 24 2024
Effective November 26th, UK-based users of the platform will be prohibited from engaging in trades involving Monero (XMR).
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emma_carter_doctor
Fri May 24 2024
This decision marks a shift in Kraken's approach to cryptocurrency trading, potentially reflecting regulatory pressures or internal risk assessments.
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SolitudeSeeker
Fri May 24 2024
Monero, a privacy-focused cryptocurrency, has always been a controversial asset due to its anonymity features.
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