Crypto:
30445
Bitcoin:
$62.862
% 2.11
BTC Dominance:
%53.4
% 0.12
Market Cap:
$2.29 T
% 1.42
Fear & Greed:
47 / 100
Bitcoin:
$ 62.862
BTC Dominance:
% 53.4
Market Cap:
$2.29 T

Wallet Of Satoshi Removed From Apple And Play Store In USA

Wallet Of Satoshi

The popular Bitcoin Lightning wallet application Wallet Of Satoshi (WoS) is receiving backlash from cryptocurrency users due to its removal from the US App Store. The Bitcoin Lightning payment app, WoS, was removed from the Apple App Store and Google Play Store in the US after conducting over a million transactions in November.

On November 24th, a number of users and cryptocurrency community members shared their searches for the Wallet Of Satoshi app on Twitter; however, these searches either yielded no results or directed users to other wallet applications. This situation triggered a negative response against Apple among cryptocurrency users.

Industry writer and podcast host Kevin Rooke stated that WoS was a popular platform that made over 1.1 million Lightning payments in November 2021, and added that this was the company’s “busiest month of Lightning payments” to date.

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Both Apple and Wallet of Satoshi have yet to respond for further explanation on the matter. The 30% tax applied by Apple for in-app payments serves as a barrier for cryptocurrency platforms that want to be listed on the App Store.

On November 17th, a group of PayPal, Venmo, and Block Cash App users claimed that Apple had engaged in anti-competitive agreements to restrict cryptocurrency technology and payments on iOS, and launched a class-action lawsuit.

Apple’s previous actions in removing crypto apps are also known. These actions include the removal of the Damus app in June due to its Bitcoin tip feature. and the brief removal of the MetaMask wallet app in October.

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