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Wallet of Satoshi Halts US App Store and Google Play Presence Despite Growth

Wallet of Satoshi Halts US App Store and Google Play Presence Despite Growth

Key Takeaways

  • The Wallet of Satoshi disappears from US Apple and Google Play stores as it nears 1 million transactions in November.
  • The app's removal was a voluntary decision by its developers, with ongoing access for existing US users.
  • The withdrawal occurs amid broader challenges and legal disputes involving crypto app policies on major platforms.

The Bitcoin Lightning payments application, Wallet of Satoshi (WoS), has unexpectedly vanished from the App Store and Google Play Store in the United States.

On November 24th, several crypto community members and users reported on X (formerly known as Twitter) their inability to find the WoS app in the US stores, with searches either yielding no results or redirecting to alternative wallet applications.

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However, the app remains accessible in other parts of the world, including the Australian Apple App Store and the Australian and Singapore versions of the Google Play Store.

Wallet of Satoshi has gained popularity as a Lightning payments platform. It is projected to process over 1.1 million Lightning payments this November, as industry author and podcaster Kevin Rooke noted. The podcaster highlighted that this could be the platform's most significant month for Lightning payments.

Clarifying the situation, Wallet of Satoshi announced via an X post that their app was not banned but was voluntarily removed from the US Apple and Google app stores.

The statement indicated a halt in offering services to US customers, with the reasons for this decision not fully detailed. WoS left open the possibility of resuming US services based on future developments. It is worth noting that US users can still have full access to their BTC funds and transfer them to other wallets.

Apple has not yet commented on the matter. Apple's 30% tax policy on in-app payments, along with tight control over such transactions, has been a contentious issue for crypto platforms seeking presence on the App Store.

Apple has a history of delisting crypto apps. In June, it removed the Nostr-based Damus app over a Bitcoin tip feature and briefly pulled the MetaMask wallet app from its App Store in October.

The removal of the Wallet of Satoshi from US app stores by its developers marks a surprising turn for the popular Bitcoin Lightning payments app amidst broader platform policies and crypto integration issues in the tech industry.

Gile K., Market Sentiment Analyst
Gile is a Market Sentiment Analyst who understands what public events may form what emotions. Her experience researching Web3 news and public market messages – including cryptocurrency news reports, PRs, and social network streams – is critical to her role in helping lead the Crypto News Editorial Team.
As an intelligent professional in public relations, together with the team, she aims to determine real VS fake news patterns, and bring her findings to anyone searching for unbiased news and events happening in the FinTech markets. Her expertise is uncovering the latest trustworthy & informative Web3 announcements to the masses.
When she's not researching the trustworthiness of mainstream stories, she spends time enjoying her terrace view and taking meticulous care of her outdoor environment.

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