US Crypto Crackdown: Self-Custody Wallet Providers Exit Market Amid Regulatory Concerns

Two self-custody wallet provider announced they would withdraw from the US market and stop servicing local customers. The two providers and wallets are Acinq’s Bitcoin wallet, Phoenix Wallet, and zkSNACKs’ Wasabi Wallet. Crackdown concerns have spread among crypto entities in the US as two self-custody wallet providers have decided to exit the market. Acinq said [...]

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