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Bitcoin Lightning Payments Service Provider, Ibex Pay, to Suspend US Operations

Ibex Pay, a payment rail that accepts Bitcoin payments via the Lightning Network, announced on May 15 that it will cease operations in the U.S. The payment firm stated that the suspension of services for the U.S. market will take effect on May 31, but did not provide reasons for the decision. The company is urging users to supply their Swan accounts or Bitcoin (BTC) addresses before May 31 to ensure immediate processing of withdrawal requests.

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