---
title: "Kraken Ends Monero Withdrawal Questionnaires While Retaining Listing"
description: "Co-CEO Arjun Sethi calls post-withdrawal questions unacceptable, though source-of-funds checks remain in place."
url: https://basisdesk.news/news/kraken-scraps-monero-withdrawal-questionnaires-keeps-xmr
published: 2026-10-24T07:22:01.674Z
modified: 2026-10-24T07:22:01.674Z
section: Institutions & ETFs
author: Basis Desk Newsroom (AI-generated, source-verified)
sentiment: neutral
tickers: [XMR, BTC]
tags: [kraken, monero, xmr, compliance, privacy-coins]
license: Quote with attribution to Basis Desk (basisdesk.news). Not financial advice.
---

# Kraken Ends Monero Withdrawal Questionnaires While Retaining Listing

Co-CEO Arjun Sethi calls post-withdrawal questions unacceptable, though source-of-funds checks remain in place.

## At a glance

- **What happened:** Kraken halted questionnaires asking customers about planned uses for withdrawn Monero while keeping the asset listed.
- **Why it matters:** The change removes post-withdrawal usage queries for Monero users while maintaining standard source-of-funds compliance checks.
- **Who is affected:** Kraken users trading and withdrawing Monero.
- **What's next:** No next step announced.
- **Status:** announced
- **Primary source:** [Kraken Scraps Monero Withdrawal Questionnaires, Keeps XMR Listed](https://thedefiant.io/news/cefi/kraken-scraps-monero-withdrawal-questionnaires-keeps-xmr-listed) — thedefiant.io

## Key points

- Kraken eliminated questionnaires asking clients what they plan to do with withdrawn Monero ($XMR).
- Co-CEO Arjun Sethi described asking customers about post-withdrawal coin usage as unacceptable.
- The exchange confirmed that standard source-of-funds checks remain in place and XMR remains listed.

## Editorial remark

- **Context:** Kraken previously gathered details through questionnaires when users initiated Monero withdrawals, querying client intentions for outbound funds.
- **Impact:** Monero traders on Kraken can withdraw funds without explaining downstream usage, while account-level source-of-funds verifications stay active.
- **Watch:** Any subsequent compliance updates or policy changes regarding privacy-preserving digital assets on the exchange platform.

Cryptocurrency exchange Kraken has stopped issuing withdrawal questionnaires to clients removing Monero ($XMR) from the platform [1]. The exchange confirmed it will keep the privacy-focused token listed for active trading, according to statements reported on Oct. 24, 2026 [1].

Under the updated operational protocol, Kraken will continue executing mandatory source-of-funds checks for its accounts [1]. However, the exchange has eliminated the supplemental surveys that previously requested specific information regarding how users intended to spend or transfer their assets following an outbound transaction [1]. Kraken co-CEO Arjun Sethi stated that asking clients to disclose what they plan to do with their withdrawn coins is unacceptable [1].

## Exchange Policy and Compliance Frameworks

Maintaining the $XMR listing without withdrawal destination questionnaires preserves spot trading access for privacy token users while narrowing customer scrutiny to the origin of deposited capital rather than its final destination [1]. At the time of writing, Monero traded at $578.04, down 4.8% over the prior 24 hours, amid broader market conditions where Bitcoin ($BTC) stood at $80,771.

Sethi and Kraken have not detailed any further modifications to compliance procedures or additional timeline changes for token evaluations [1]. Kraken's approach retains verification of inbound account capital through standard source-of-funds documentation while maintaining unencumbered post-withdrawal execution for its users [1].

## Sources

1. [Kraken Scraps Monero Withdrawal Questionnaires, Keeps XMR Listed](https://thedefiant.io/news/cefi/kraken-scraps-monero-withdrawal-questionnaires-keeps-xmr-listed) — thedefiant.io, 2026-10-24

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Basis Desk Newsroom · AI-generated, source-verified · https://basisdesk.news/about/how-we-use-ai