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Why is there a caveat for New York? That seems weirdly specific.

Isn't that due to the bit license?

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Most probably. But what in the bit license prohibits this exactly? They use LN in NY right?

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I'm in NY and no sign of lightning on my cash app. I believe everything is a regulatory nightmare in New York. Another example- Swan will no longer open accounts in New York, though existing customers are grandfathered in.

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