US EditionKraken Removes Bitcoin Lightning Network for German Users Due to Technical Changes
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Kraken Removes Bitcoin Lightning Network for German Users Due to Technical Changes
The post Kraken Removes Bitcoin Lightning Network for German Users Due to Technical Changes appeared on BitcoinEthereumNews.com. Kraken has discontinued its Lightning Network service for customers residing in Germany. The San Francisco-based exchange cited technical changes as the reason behind the decision. This move contrasts earlier reports that attributed the removal to regulatory concerns. Discover the intricacies behind Kraken’s decision t…
Kraken Germany Halts Lightning Network Support Amid Confusion Over Regulatory Changes
Kraken, a global cryptocurrency exchange platform, has stopped offering support for the Lightning Network to its German customers, allegedly due to new regulations that reportedly came into effect on September 10, 2024. The halt in support coincides with Kraken's transition to using DLT Finance, a BaFin-regulated banking provider, which has raised concerns among customers.So Kraken Germany removed support for the Lightning Network, allegedly due…
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