Oddbean new post about | logout
 Very hard to find a clear confirmation from Kraken, but from their obtuse communication it indeed seems that the Stasi doesn't like Lightning? nostr:note1sc7z0cxhw6jjtpua3zxym2q6hccgpalzfvq7gvlmhccvjwsggt7q7zy8eq 
 @bitcoinpierre if you still know anyone there, can you ask them to issue a press release specifically for this? It would make political actual a lot easier. 
 I don’t have any insider info, but it seems like they had to outsource deposit/withdrawal functionality to a third-party due to regulations, and it seems like that third-party happens to not support Lightning. I don’t know if the lack of support is for regulatory reasons or just not a business priority. 
 Ok, so in Germany it's not a third party using Kraken systems as a whitelabel, but a completely different system? 
 I have no concrete knowledge but that seems to be implied based on public information 
 Btw, also finex and Okcoin dropped support for LN in Germany, so this seems to be regulatory in nature. 
 Horrible news 
 Can't remember the last time I used Kraken to buy Bitcoin. Imo River and Strike are way better options for lightning based withdrawals to self-custody