Actual breaking news today: Atomic.Finance, the self-custodial bitcoin-only investment program is immediately ending operations for U.S. customers citing regulatory risk. No public announcement has been made yet, but they have emailed all customers and communicated this via Discord. (I was a TestFlight user working with a small amount.) Another one bites the dust.

Replies (29)

I don’t think so. I would never use any custodial service. It was built from the ground up for self custody using DLCs. You always hold your own private keys with them and have to manually approve every reinvestment cycle. It was really unique.
This is inevitable. It's a registered company. Companies are a branch of the state. They do what the state says or they get shut down. This is why there's no such thing as a Bitcoin company. The state as we know it and Bitcoin as we know it can't both survive.
Legion XXI's avatar
Legion XXI 2 years ago
Another piece of evidence of the regulatory persecution of the last months.
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