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Zksnacks to Cease Coinjoin Transactions, Affecting Wasabi, Trezor and Btcpay

Zksnacks to Cease Coinjoin Transactions, Affecting Wasabi, Trezor and BtcpayOn Thursday, Zksnacks, the developer behind Wasabi Wallet, announced its decision to cease its coinjoin services following regulatory measures in the U.S. The company stated that the wallet will now operate as a standard non-custodial bitcoin wallet without the coinjoin feature. Zksnacks Withdraws Coinjoin Feature from Wasabi Wallet Following intensified regulatory scrutiny in the U.S., […]

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Phoenix and Wasabi exit US market amid self-custody wallet crackdown

Recent regulatory action against Consensys and Samourai has instilled fear among other crypto service providers operating in the United States.

ACINQ's Bitcoin wallet, Phoenix Wallet, and zkSNACKs’ Wasabi Wallet are both discontinuing services for United States customers in response to the recent crackdown on two major self-custodial cryptocurrency wallet providers.

Both ACINQ and zkSNACKs raised concerns about whether self-custodial wallet providers can be seen as legitimate money service businesses following the recent action taken by the U.S. regulatory agencies against Metamask creator Consensys and crypto mixer Samourai Wallet.

“In light of recent announcements by U.S. authorities, zkSNACKs is now strictly prohibiting U.S. users from using its services,” zkSNACKs wrote in an April 27 statement.

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Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

Zksnacks Bars US Users from Wasabi Wallet in Wake of Samourai Indictment

Zksnacks Bars US Users from Wasabi Wallet in Wake of Samourai IndictmentIn a decisive move, Zksnacks announced on Saturday that it will block all U.S. residents and citizens from accessing its bitcoin mixer, Wasabi Wallet. This policy change comes as U.S. authorities intensify their crackdown on unregulated crypto activities, spotlighting the recent indictment of Samourai Wallet founders. Wasabi Wallet Withdraws from U.S. Market to Avoid Regulatory […]

Here’s a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

Trezor Enables Coinjoin for Trezor T Model to Bolster a ‘New Era of Privacy’

Trezor Enables Coinjoin for Trezor T Model to Bolster a ‘New Era of Privacy’According to Trezor, the crypto hardware wallet manufacturer, owners of the Trezor T model can now use a Coinjoin feature to preserve their privacy. Trezor had announced the Coinjoin feature’s impending arrival on the hardware wallet seven months ago, and the feature went live on April 19. Trezor Adds Coinjoin to Software Suite Owners of […]

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Btcpay Introduces New Coinjoin Plugin for Enhanced Bitcoin Privacy for Merchants

Btcpay Introduces New Coinjoin Plugin for Enhanced Bitcoin Privacy for MerchantsOn Monday, Wasabi Wallet and the open-source bitcoin payment processor Btcpay announced a new plugin for the Btcpay server. The plugin implements Wasabi’s Wabisabi coinjoin coordination protocol, allowing merchants to benefit from privacy enhancement. By activating the newly launched plugin, all the funds that merchants receive and send will be coinjoined, or mixed together with […]

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