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154 sats \ 1 reply \ @k00b 13 Sep
@ek your post made into The Rage!
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1 sat \ 0 replies \ @ek 13 Sep
lol
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101 sats \ 2 replies \ @moel 13 Sep
Fact, it was not for regulatory reasons.
Source, a Kraken employee:
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121 sats \ 0 replies \ @supertestnet 13 Sep
I agreed earlier this morning when I saw Marc's comment, but now I'm suspicious again
an employee of kraken said yesterday it was for compliance reasons and today a different employee says it wasn't for compliance reasons but "a technical blocker" -- which is a very confusing excuse, what technical blocker would apply to Germans only? Country-specific blocks like this are obviously more likely to be regulatory rather than technical, because the tech is the same everywhere, except where regulations require you to use different tech
Pierre Rochard, who used to work at Kraken, had an interesting suggestion yesterday: Kraken might have switched to using an "approved" custodian in Germany due to regulatory requirements and that custodian just happens to not support LN withdrawals yet. If so, lightning is "technically" blocked to to regulatory reasons but not necessarily because of its privacy properties -- it could instead be simply due to the "approved" custodian prioritizing other cryptocurrencies.
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0 sats \ 0 replies \ @nitter 13 Sep bot
https://xcancel.com/marcmckirahan/status/1834621763923157174
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22 sats \ 0 replies \ @bitalion 14 Sep
If you are not a trader, get out of the exchanges. They change their policies at will and say that it is due to compliance with regulations or that they have technical problems. Meanwhile, your money is blocked and you cannot withdraw it.
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1 sat \ 2 replies \ @Malachi17 13 Sep
Since the credit card system went down there, this is good timing! ;)
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0 sats \ 1 reply \ @Taurus 14 Sep
Do you think companies will then remove credit card support? Xd due to a "technical blocker"
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0 sats \ 0 replies \ @Malachi17 14 Sep
It's definitely possible.
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1 sat \ 0 replies \ @160ed04091 13 Sep
While the specifics of Kraken's decision might involve regulatory or technical reasons, i know is not uncommon for exchanges to adjust their services based on various factors, including regulatory requirements, security concerns, or changes in user demand.
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