BitcoinStrike a Bitcoin payment application increases its presence in the UK contributing...

Strike a Bitcoin payment application increases its presence in the UK contributing to the widespread adoption of BTC

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Strike, led by Jack Mallers, has made its debut in the United Kingdom, offering a wide range of BTC and Lightning Network services. Mallers emphasized the company’s goal of becoming a global Bitcoin-focused financial institution. This move is a significant step in increasing the accessibility and popularity of Bitcoin in one of the world’s largest economies.

The introduction of Strike in the UK now allows consumers to carry out seamless Bitcoin transactions, contributing to the growing trend of mainstream acceptance of the cryptocurrency worldwide.

In addition to its expansion into the UK market, Strike has introduced a full range of Bitcoin and Lightning Network services. CEO and founder Jack Mallers highlighted the app’s features, which simplify the process of buying, selling, sending, and withdrawing Bitcoin in a recent blog post. Notably, customers in the UK can now use their bank accounts to make unlimited, immediate, and free Bitcoin deposits.

Mallers also stressed Strike’s ambition to become a global Bitcoin-centric financial institution, believing that Bitcoin has the potential to address major economic issues such as financial inequality and global debt. He sees Bitcoin as a beacon of hope for a brighter future, underscoring the app’s significance in making Bitcoin more accessible to a wider audience.

Furthermore, Strike’s features cater to the needs of both individuals and businesses. The app provides users with greater control over their cryptocurrency investments, allowing them to convert deposits into Bitcoin and set up automated recurring purchases. Additionally, the app facilitates the sending of money to any Bitcoin or Lightning wallet, as well as the withdrawal of funds to UK bank accounts.

In other crypto news, Terraform Labs and LFG have announced the transfer of assets following a settlement with the SEC.

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