Cash App is open to New York residents for buying and sending bitcoin on-chain, but I’ve never heard an explanation as to why Lightning is unavailable. I’ve had people ask me if the entire Lightning Network is unavailable in New York because of this. 🤯

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Discussion

Bitlicense. We are working through

Damn bitlicense

Thanks to SBF they’ll probably come out with a Super BitLicense next year.

Have to KYC before thinking about bitcoin

The tl;dr is Tornado Cash (from my understanding) put a lot of wallets and people on finance blacklists. Also, Lightning is (commonly) a “regulated payment” which requires a lot of documentation.