Category: US customers

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Wallet of Satoshi Exits US Market Amidst Record-Breaking Month, Leaving Customers to Seek Alternatives

November 24, 2023

On Friday, Wallet of Satoshi, a provider of Lightning Network payment services, announced its departure from the U.S. market, though it refrained from providing specific reasons. The firm informed its U.S. clientele that they could “withdraw and transfer” their funds to a different wallet. Wallet of Satoshi Halts U.S. Operations A recent update on X…
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Crypto Lender Nexo Terminates Interest Payments on New Deposits From US Clients

February 21, 2022

Following the U.S. Securities and Exchange Commission (SEC) charging the crypto lending platform Blockfi with failing to register its retail crypto lending product and fining the firm $100 million, the crypto lender Nexo has announced it will no longer allow U.S. citizens to earn interest on new savings wallet top-ups. However, Nexo customers from the…
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