Recent developments in the U.S. cryptocurrency market indicate a tightening of regulatory measures, leading to significant changes for users and service providers. Notably, the zkSNACKs coordinator and Wasabi Wallet have announced restrictions for U.S. residents and citizens, blocking them from using their coinjoin services. Similarly, ACINQ's Phoenix Wallet, a Bitcoin wallet designed for Lightning payments, will cease services for U.S. residents from May 3, 2024. These decisions come in the wake of extended warrantless surveillance and regulatory concerns, highlighting a growing crackdown on privacy-focused crypto services in the country.
#Wasabi Wallet Withdraws from U.S. Market to Avoid Regulatory Fallout https://t.co/4ZWbkmyCiI
📣 Latest News: Phoenix and Wasabi exit US market amid self-custody wallet crackdown #news #cryptonews #crypto
ACINQ's Phoenix Wallet and zkSNACKs’ Wasabi Wallet have restricted access for U.S. customers because of regulatory concerns. https://t.co/ydiqzO1nLi
Zksnacks Bars US Users from #Wasabi Wallet in Wake of #Samourai Indictment https://t.co/4ZWbkmyCiI
zkSNACKs blocks U.S. users from Wasabi Wallet and other services https://t.co/opg3yOh6DH
Phoenix Wallet, a Bitcoin (BTC) wallet designed for Lightning payments, has announced that it will stop serving U.S. residents on May 3 https://t.co/Q4DjC2602a
🚨 NEW: Another one bites the dust. Popular Bitcoin wallet Wasabi Wallet now announces they are blocking US Residents and citizens from using the wallet. THE CRYPTO CRACKDOWN CONTINUES. https://t.co/6dNDY2UpEf
Wasabi Wallet announce they’re going to block US residents and citizens. https://t.co/at9CrKtDSV
If, like many of us, you feel a bit taken aback by events of the past week in #Bitcoin , you may be wondering about what you can do, practically, to maintain your ability to transact freely and to preserve your privacy. Whatever the enemies of freedom may tell you, in free and… https://t.co/8NHhyHYiuD https://t.co/3q63yuZw07
JUST IN: If you are a 🇺🇸 US Citizen or Resident, you are not allowed to download Wasabi Wallet or use the Wasabi Wallet coinjoin feature 😮 This includes if you are a U.S. permanent resident or if you are an individual that holds a U.S. passport. https://t.co/YRT3iZJ1jP
The zkSNACKs coordinator is now blocking U.S. residents and citizens from using its coinjoin service.
Acinq to Withdraw #Phoenix Wallet From US Markets Amid Regulatory Concerns - @ZeusLN Says 'We're Not Going Anywhere' https://t.co/37PkP3L7yA
Privacy is on track to be illegal in the United States. • Non-KYC bitcoin privacy service shut down despite only 5% of funds being "unlawful" • Warrantless surveillance of US citizens was just extended for 2 years It is up to you to protect yourself. @TheyaBitcoin https://t.co/n0GqbOcHNF