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0 sats \ 1 reply \ @hasherstacker 25 Nov 2023 \ on: WoS: "To our valued Wallet of Satoshi community in the United States of America" bitcoin
removing the app from US app stores will not satisfy regulators - they will expect kyc on all users globally to make sure americans are not using it
yes, that is fucked up but that is how large custodians have been treated in the past
removing the app from US app stores abruptly with delayed comms indicates a level of panic from their team that is a concern - the only responsible path forward requires deliberate action from the wallet of satoshi team to encourage users to withdraw funds ASAP - otherwise the next course of action is likely a panicked shotgun kyc of all users without notice
They might force KYC on you if you try to access it from a US IP with a grace period to withdraw like bitmex / bybit do.
or introduce limits.
Bybit has a $20000 daily limit for un-KYC'd accounts.
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