Privacy is a fundamental right, and privacy-preserving technologies and privacy coins are core to what we stand for as a company. At the same time, we are one of the most regulated crypto platforms in the world and are committed to complying with the laws and regulatory requirements in every jurisdiction where we operate. The limits we’re introducing are designed to ensure we can continue offering this asset in a compliant manner. While these measures aren’t ones we take lightly, they enable us to support access to privacy coins while meeting our regulatory obligations.
Kraken US will begin applying monthly transaction limits to Monero on August 15. Individual withdrawal limits are set to $1,500 and deposit limits are $3500. I confirmed this with
@krakensupport.