In recent news, Apple and Google have removed the Wallet of Satoshi app from their US stores. This app was designed to allow users to easily send and receive Bitcoin payments. The app had been available in the US since 2014 and had become popular among Bitcoin users.

The removal of the app is a result of recent regulations from the US Treasury Department. The Treasury Department has issued guidance that requires companies dealing with virtual currencies to register with the Financial Crimes Enforcement Network (FinCEN). The Wallet of Satoshi app did not comply with these regulations and was thus removed from the US stores.

The removal of the Wallet of Satoshi app is a setback for the Bitcoin community in the US. The app was a convenient way for users to send and receive Bitcoin payments without having to go through a third-party service. Without the app, users will have to find other ways to make Bitcoin payments.

Despite the setback, the Bitcoin community in the US is still optimistic about the future of Bitcoin. The recent regulations from the Treasury Department are seen as a sign that the government is taking Bitcoin seriously and is willing to work with companies to ensure compliance with regulations. This could lead to more companies offering services related to Bitcoin in the US.

In conclusion, Apple and Google have removed the Wallet of Satoshi app from their US stores due to recent regulations from the Treasury Department. This is a setback for the Bitcoin community in the US, but there is still optimism about the future of Bitcoin. With more companies offering services related to Bitcoin, it could lead to greater adoption of the cryptocurrency in the US.