News Explorer — Kraken Removes Bitcoin Lightning Network Link in Germany

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Sep 13, 11:00 pm

Decrypt

Kraken Removes Bitcoin Lightning Network Link in Germany

Kraken, a top crypto exchange, has removed the Lightning Network feature for customers in Germany, citing "technical changes." Earlier reports suggested that regulatory issues were the cause, but Kraken clarified that it was a result of technical changes. The Lightning Network is a second layer application for Bitcoin that speeds up transactions and allows for smaller purchases.

Kraken, a top crypto exchange, has removed the Lightning Network feature for customers in Germany, citing "technical changes." Earlier reports suggested that regulatory issues were the cause, but Kraken clarified that it was a result of technical changes. The Lightning Network is a second layer application for Bitcoin that speeds up transactions and allows for smaller purchases.

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