Wallet of Satoshi to Stop Serving Customers in the United States

“For our existing users in the USA, rest assured that you have full access to your Bitcoin funds. You can seamlessly withdraw and transfer them to another wallet,” was stated in the post.

Wallet of Satoshi is a custodial, closed-source Bitcoin and Lightning wallet and service provider based in Australia. The wallet became popular due to its ease of use and frictionless onboarding experience.

“This decision doesn’t come lightly. Our commitment to providing a secure, user-friendly, and compliant platform globally is unwavering. Our top priority is the safety and interests of our customers and our company.””We understand this may be disappointing news and we share your frustration. We’re hopeful that future developments will allow us to revisit and possibly resume our operations in the U.S,” said the company.Per Kevin Rooke, Wallet of Satoshi is on pace to process over 1.1 million Lightning payments this month.

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