
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
š£ Latest News: Phoenix and Wasabi exit US market amid self-custody wallet crackdown #news #cryptonews #crypto
ACINQ's Phoenix Wallet and zkSNACKsā Wasabi Wallet have restricted access for U.S. customers because of regulatory concerns. https://t.co/ydiqzO1nLi