Actual breaking news today:
Atomic.Finance, the self-custodial bitcoin-only investment program is immediately ending operations for U.S. customers citing regulatory risk.
No public announcement has been made yet, but they have emailed all customers and communicated this via Discord.
(I was a TestFlight user working with a small amount.)
Another one bites the dust.
Luckily due to regulatory clampdown?
Or previous nefarious ongoing in the business?
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Nothing nefarious. They simply can’t afford the legal headaches.
Ok interesting. Any idea what domicile they will choose instead? Also which law is it specifically they’re frustrated by?
I don’t. It’s a climate of fear. That’s what the regulators want.
ur setup incomplete
What do you mean?