Crypto

Kraken Liquidates UAE Customer Holdings After Withdrawal Deadline

Guavy AI Editorial Team Published September 15, 2026

Instruments

DAI XMR USDD ENA ZEC DASH

Kraken has set a deadline for its United Arab Emirates customers to withdraw their balances of seven crypto assets, which will then be subject to liquidation. The withdrawals were closed on Monday, September 14 at 14:00 UTC, and the liquidation process is scheduled to take place from September 15-25, 2026.

The affected assets are Monero (XMR), Zcash (ZEC), Dash (DASH), USDD, Dai (DAI), USDS, and Ethena USD (USDE). Kraken has not guaranteed the currency that customers will receive from the liquidation of their assets.

According to the exchange's status notice, the withdrawal deadline was specified in advance by a June 1 announcement. The notice also mentions that the prevailing market conditions will determine the denomination of the liquidation proceeds.

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