nostr:npub1c6fqtndnnwxrhzu48sdk9q4ynsmek5krd9zjukhwnsjv5z6ckv4qwtfqp9
Phoenix Wallet to Stop Serving US Customers on May 3rd
"Recent announcements from US authorities cast a doubt on whether self-custodial wallet providers, Lightning service providers, or even Lightning nodes could be considered Money Services Businesses and be regulated as such. We are removing Phoenix Wallet from US app stores and will be assessing other potential impacts to our operations."
https://www.nobsbitcoin.com/phoenix-wallet-to-be-removed-from-us-app-stores-on-may-3/
Discussion
Things don't take long to change. I was just listening last month to Phoenix wallet and Mutiny wallet on Citadel Dispatch a few weeks ago and announcing that I was going to use their services instead of my own LN.
As of yesterday both my Phoenix wallet and Mutiny wallets have empty to zero balance they still exist and the inbound liquidity is there but I've removed my potential prayer rug.
Well see what happens.
https://stacker.news/items/504040/r/Nuttall
But I had a feeling last week and I decided to not shutdown my node and reopen channels in spite of the fees and... I'm glad I did.
Here is where, last paragraph, I acknowledged that I needed to run my own node continuously in spite of the difficulties as it is my duty.
https://stacker.news/items/517594/r/Nuttall
I'm certainly not smart, wisdom is befuddling but my intuition is spot on.
No, they don’t.