Why do exchanges cave in to anti-monero sentiment? Is this a US law enforcement led thing?
It's so much harder now to swap cash for xmr.
Pretty much that's it. There is pressure on government on this exchanges, that's why they really need to give in and not list Monero on their exchange otherwise the authorities might go after them. And it's obvious though, I mean Monero is a privacy coins and government thinks that there could be individual hiding thru Monero with their dirty money and other illegal activities. Although Monero still exists in the market, not sure if there are still users here who are using it. And in any case, if you haven't heard this before,
https://cointelegraph.com/news/the-irs-offers-a-625-000-bounty-to-anyone-who-can-break-monero-and-lightningThe United States Internal Revenue Service has offered a bounty of up to $625,000 to anyone who can break purportedly untraceable privacy coins such as Monero (XMR) as well as trace transactions on Bitcoin’s Lightning Network.