Wallet of Satoshi remove their app from the U.S. Apple and Google app stores, and will not serve U.S. customers going forward due to regulatory pressures

Wallet of Satoshi said it would remove its app from the U.S. Apple and Google app stores and stop serving U.S. customers going forward. The company’s public message, posted in late November 2023, did not spell out a specific reason, but the move was widely read as a response to regulatory and compliance pressure in the United States. Wallet of Satoshi is a custodial Bitcoin Lightning wallet known for its simple onboarding and instant payments, which made it popular for small Lightning transactions. The exit matters because it highlights the difficulty of operating consumer crypto payment products in the U.S. market, especially for services that may face heightened KYC/AML expectations and app-store compliance concerns.

✨ AI-generated background, compiled from web sources — not editorial content.

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