Wasabi Bitcoin privacy mixing service to shut down starting June 1, zkSNACKs cites legal certainty concerns

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zkSNACKs, the company pioneering the development of Wasabi Wallet, has revealed plans to shut down its Coinjoin coordination service, effective from June 1, 2024.

zkSNACKs, the company pioneering the development of Wasabi Wallet, is shutting down its Coinjoin coordination service. An official blog cited need to regain more legal certainty, Trezor Suite and BTCPayServer users to be affected. Wasabi Wallet will continue to function as a regular BTC wallet where users can generate private keys for Bitcoin transactions.

In the latest development, zkSNACKs has announced plans to shut down its Bitcoin privacy mixing service, according to an official blog. For those who can't access the blog: https://t.co/1r7Bj63tvn — Wasabi Wallet May 2, 2024 “Throughout our history, we have always made efforts to operate under legal clarity,” said the company. “At this point, we need to regain more certainty before moving forward.” It hints at possible confrontation with the law, but this is not indicated in the blog.

 

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