US Users Blocked from Wasabi Wallet by zkSNACKs: WHY?

According to a recent post on the Wasabi Wallet website, a ban has been implemented that affects all of you, including those with permanent residency or a U.S. passport. This ban, effective immediately, restricts your access to popular websites such as wasabiwallet.io, api.wasabiwallet.io, and zksnacks.com.

That’s right, you read it correctly. U.S. citizens are now prohibited from visiting these sites and utilizing the Wasabi Wallet and its related services, including APIs and RPC interfaces. This move, made by zkSNACKs, has caused quite a stir in the crypto community. Stay tuned for more updates on this developing story.

“U.S.” refers to “United States” and includes the several states of the United States and related territories. If you are a United States citizen or United States resident, you are not allowed to visit any of the of the sites aforementioned, download Wasabi Wallet, or use the Wasabi Wallet coin-join feature. This includes whether you are a U.S. permanent resident or if you are an individual who holds a U.S. passport.

zkSNACKs, Wasabi Wallet developer

The developer revealed a bold decision, attributing it to the latest developments from U.S. authorities. This strategic move by zkSNACKs adds them to the ranks of crypto platforms adapting to the intensified scrutiny of U.S. regulators.

The popular Phoenix Wallet, known for its seamless transactions and user-friendly interface, has just announced that it will be bidding farewell to its American users on May 3.

Exclusive: CryptoQuant: Bitcoin Traders Pause Leveraged Bets Amid Market Uncertainty

Price of baby dogecoin surged by 15% on a zero-fee offer

Crypto markets slide after options expiration fears, Bitcoin falls

That’s right, the app will no longer be available for download in U.S. app stores. Don’t panic just yet, though. According to crypto.news, the masterminds behind Phoenix Wallet, ACINQ, have advised users to withdraw their funds before the deadline.

Following a wave of concern sparked by the U.S. government’s looming plans to regulate self-custodial wallets, Lightning service providers, and Lightning nodes, ACINQ has made the bold move to remove Phoenix Wallet from U.S. app stores.

This decision mirrors that of zkSNACKs, adding to the growing tension surrounding the future of cryptocurrency in America.

Leave a Comment