May 22, 2024

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Acinq to Withdraw Phoenix Wallet From US Markets Amid Regulatory Concerns

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Acinq to Withdraw Phoenix Wallet From US Markets Amid Regulatory Concerns
Acinq to Withdraw Phoenix Wallet From US Markets Amid Regulatory ConcernsOn Friday, April 26, Acinq announced that its Lightning Network bitcoin wallet, Phoenix, will cease services for U.S. residents from May 3, 2024. This announcement followed closely on the heels of the Samourai Wallet indictment and what is perceived as a targeted U.S. government effort against financial privacy and non-custodial solutions. Lightning Network Platform Phoenix […]