7 assets will be subject to forced liquidation, involving DAI, XMR, ZEC, and USDe, among others, held by Kraken's UAE users

Odaily reports that Kraken has been forcibly liquidating the balances of XMR, ZEC, DASH, USDD, DAI, USDS, and USDe held by UAE users since September 15, with the liquidation window continuing until September 25. Withdrawals of the relevant assets ceased at 14:00 UTC on September 14, and trading and deposits were closed on June 16, with no remedy available thereafter. Kraken stated that the delisting was based on a "routine asset review," did not mention any regulatory requirements, and said it could not confirm the denominating currency of the liquidation proceeds prior to execution.