Wallet of Satoshi is going all-in on self-custody, with a rebuilt WoS so users hold their own Bitcoin and their own keys, with the same simple experience that it is known for.

Wallet of Satoshi is transitioning from a custodial model to a rebuilt self-custody wallet where users control their own keys and funds, which the company says it cannot access, move, or freeze. It works worldwide on Lightning and on-chain Bitcoin, with no channel management required. New invoice creation in the old custodial wallet is already disabled in the US, EU, Australia, and New Zealand, extending everywhere else by the end of September. Existing Lightning Addresses keep receiving funds; custom addresses can be migrated via support. Users have until June 30, 2027 to move balances, and a 12-word recovery phrase now backs up wallets.

✨ AI summary of the linked source — not editorial content.

Explore the topic

• Wallet
• BTC
• Bitcoin
• Satoshi