Strike CEO, Jack Mallers, has emphasized the significant role that Bitcoin plays across various sectors, leading the company to expand its services to Europe. This move follows previous expansions into different jurisdictions and is part of Strike’s efforts to promote wider adoption of cryptocurrencies. The company aims to bring more people in Europe into the Bitcoin ecosystem by offering a comprehensive range of services that allow users to register and facilitate Bitcoin transactions.
The recent surge in Bitcoin adoption, driven by price increases and institutional inflows, has further highlighted the importance of the cryptocurrency. Mallers highlighted how Bitcoin serves as a technological advancement, promoting savings and interoperability in various industries.
Currently, Strike serves clients in approximately a hundred different countries across North America, South America, and Africa. In addition to accepting applications from companies to meet Bitcoin requirements, including SEPA transfers and buying/selling transactions, Strike has also announced its intention to onboard European customers. European users will have the opportunity to purchase Bitcoin with limitless SEPA Euro deposits and withdraw to Bitcoin wallets without the need for custody or other methods. Furthermore, users can take advantage of the withdrawal options and cross-border payment facility to easily send and receive funds.
In other crypto news, Binance has successfully completed its 27th quarterly token burn, raising speculation about whether BNB can reach $800.