Current outcome
Kraken has closed withdrawals for seven assets for UAE-resident clients, with remaining balances scheduled for liquidation Sept. 15–25 and proceeds currency unspecified.
Progress timeline
2 material updates- #01
Seven assets enter Kraken liquidation window after withdrawals close Monday - CryptoSlate
Kraken closed withdrawals on Monday, pushing seven assets into a liquidation window and affecting user positions and fund access.
Source evidence: CryptoSlate
- #02
Seven assets enter Kraken liquidation window after withdrawals close Monday
Kraken's withdrawal cutoff for seven assets (XMR, ZEC, DASH, USDD, DAI, USDS, USDE) for UAE-resident clients is Sept. 14 at 14:00 UTC, with liquidation scheduled Sept. 15–25 and no guaranteed proceeds currency.
State after update: Kraken has closed withdrawals for seven assets for UAE-resident clients, with remaining balances scheduled for liquidation Sept. 15–25 and proceeds currency unspecified.
Source evidence: CryptoSlate