Satoshi Wallet Suspends US App Presence Despite Growth
Key Takeaways
- Satoshi’s Wallet disappeared from the US Apple and Google Play stores in November as transaction volume approached 1 million.
- Removal of the app is a voluntary decision by the developer, so existing US users will still have access to it.
- The withdrawal comes amid widespread issues and legal disputes regarding cryptocurrency app policies on major platforms.
bitcoin lightning payment application, Satoshi (WoS) wallet suddenly disappeared from the US App Store and Google Play Store..
On November 24th, several cryptocurrency community members and users reported on X (formerly Twitter). WoS app not found in US storesYour search yields no results or redirects you to an alternative wallet application.
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However, the app will remain the same. Accessible from other parts of the worldIncludes the Australian Apple App Store and the Australian and Singapore versions of the Google Play Store.
Satoshi’s wallet gained popularity with its Lightning payment platform. This is expected: Processed over 1.1 million Lightning payments November this year, as noted by industry writer and podcaster Kevin Rooke. The podcaster emphasized that this is possible. The platform’s most important month for Lightning payments.
clarify the situation, Satoshi’s wallet announced through X Post Although their app is not banned Voluntarily removed from US Apple and Google app stores.
marked statement Discontinuation of service to US customersThe reasons for this decision are not fully detailed. WoS has left open the possibility of resuming US service. Based on future developments. What’s worth noting is US users will still have full access to their BTC funds and can transfer them to other wallets..
Apple has not yet commented on the matter.. Apple’s 30% tax policy on in-app payments and strict controls on such transactions have been a contentious issue for cryptocurrency platforms seeking to enter the App Store.
Apple has a history of delisting cryptocurrency apps. In June Removed Nostr-based Damus app via Bitcoin tipping feature. and briefly The MetaMask wallet app was removed from the App Store last October..
The developers’ removal of Wallet of Satoshi from U.S. app stores marks a surprising turn for the popular Bitcoin Lightning payments app amid the tech industry’s broader platform policies and cryptocurrency integration concerns.
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