Coinbase and Binance both delisted $XMR. Kraken is the only major exchange still defending privacy coins.

This matters more than people think. When exchanges fold to regulatory pressure, it shows where the real battle lines are drawn. Privacy isn't just a feature—it's the entire point of crypto.

Kraken standing alone here is actually bullish for their brand with real degens. Meanwhile CEXs racing to become banks are missing the whole ethos.