Strike, the Bitcoin payment application founded by CEO Jack Mallers, has officially announced its expansion into New York after securing the necessary regulatory approvals. The company has obtained both a BitLicense and a money transmitter license from the New York State Department of Financial Services (NYDFS), allowing it to offer its full suite of services to residents of the state. This development is a significant milestone for Strike, as New York is known for having some of the most stringent cryptocurrency regulations in the United States. With these licenses, New York users can now buy, sell, and send Bitcoin, as well as utilize the app’s Lightning Network integration for instant global payments. Jack Mallers emphasized that entering the New York market is a crucial step in the company’s mission to provide accessible, Bitcoin-native financial tools to everyone, further solidifying Strike’s position as a major player in the digital asset space.
Source: Jack Mallers’ Strike secures New York crypto and money licenses
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