Wallet of Satoshi Winds Down Custodial Service in EU. Here's The Laws That Affect It
Users of the lightning wallet application Wallet of Satoshi are reporting to be unable to access the application’s custodial wallet, and are instead being prompted to use the application’s non-custodial wallet.
Personal Opinion
Regulations in the eu have become so draconian, I now intentionally avoid all eu services, whether it’s banking, crypto or server hosting.
Regular banking often requires phone apps and increasingly government issued phone apps too. This invariably includes increased surveillance, restrictions and attestations between biometrics and physical devices.
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