Top Bitcoin Lightning Wallet Provider Leaves US Market
Wallet provider Lightning Wallet of Satoshi has removed its app from Apple and Google's US app stores, and the firm has clarified that it "will not serve US customers in the future."
The Wallet of Satoshi team did not specify any particular reason for the decision, stating that it understood the news was disappointing for US customers. The app is still available for download in other countries.
They reported that all existing users in the US, "can be assured that they have full access to their Bitcoin funds. You can withdraw them and transfer them to another wallet without problems."
In turn, they clarified that the decision was not made lightly, "our commitment to providing a secure, easy-to-use and globally compatible platform is unwavering. Our top priority is the security and interests of our clients and our company".
On the other hand, John Carvalho, CEO of Bitcoin software developer Synonym said in response, "Wallet of Satoshi has to comply with local regulations or laws in a way that it cannot, or will not."
The firm maintains the hope of returning to the country with future developments. "We are hopeful that future developments will allow us to review and possibly resume our operations in the US," he added.
