CryptoMediaClub
Tuesday, July 8, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Bitcoin

Bitcoin Payments Firm Strike Expands Operations in New Countries

20.05.2023
A A
0
129
VIEWS
ShareShare

Bitcoin Payments Firm Strike Expands Operations in New Countries

  • Strike’s global expansion took around two and a half years.
  • The payments firm CEO Jack Mallers announced the update during Bitcoin 2023 in Miami.

On Friday, the Bitcoin payments firm and remittance app Strike said that it is now accessible to download in dozens of more countries, bringing the total number of individuals who can use it to more than 3 billion.

Wallet users in India, South Korea, Sri Lanka, and other countries will soon be able to send and receive payments in USD and BTC thanks to the expansion into new markets. At Bitcoin 2023 in Miami, Strike CEO Jack Mallers said the business was focusing on reaching those who had the greatest need for improved payment methods and technologies.

Banking on Lightning Network

Bhutan, Brazil, Ecuador, Guatemala, Honduras, Kenya, New Zealand, Paraguay, and Uganda were among the unending list of 47 supported nations given during Mallers’ presentation, joining previously announced additions such as Argentina, Nigeria, and Ghana.

Strike uses the Bitcoin lightning network to provide instant Bitcoin and US dollar-based international money transfers inside these nations. Lightning is a layer 2 network that avoids Bitcoin’s base chain fees, which may go too high at peak times and render even relatively minor transactions unfeasible.

Strike’s global expansion took around two and a half years, during which time the company collaborated with the Bitcoin Office of El Salvador to establish a framework for licensing Bitcoin businesses.

The country was the first outside the US to back Strike, and it is currently home to Mallers’ business E4’s headquarters. Instead of utilizing a QR code, users may now set up an email-like identification called a “Lightning Address” to receive Bitcoin through lightning.

Share10Tweet6ShareSharePin2

Related Posts

Bitcoin Treasury Strategy: Unleashing Growth with The Blockchain Group’s $3.52M Boost
Bitcoin

Bitcoin Treasury Strategy: Unleashing Growth with The Blockchain Group’s $3.52M Boost

08.07.2025
0

BitcoinWorldBitcoin Treasury Strategy: Unleashing Growth with The Blockchain Group’s $3.52M Boost In a significant move that underscores the growing confidence...

Read moreDetails
Bitcoin ETFs Soar: US Spot Funds Witness Astonishing $216M Inflows

Bitcoin ETFs Soar: US Spot Funds Witness Astonishing $216M Inflows

08.07.2025
DDC Enterprise’s Bold Bitcoin Move: Boosting Holdings to 368 BTC Signals Strategic Shift

DDC Enterprise’s Bold Bitcoin Move: Boosting Holdings to 368 BTC Signals Strategic Shift

07.07.2025
Canaan’s Astounding 1,484 BTC Holdings: A Bitcoin Mining Powerhouse Emerges

Canaan’s Astounding 1,484 BTC Holdings: A Bitcoin Mining Powerhouse Emerges

07.07.2025
Coinsilium’s Strategic Bitcoin Accumulation: A Bold Move in Digital Assets

Coinsilium’s Strategic Bitcoin Accumulation: A Bold Move in Digital Assets

07.07.2025
Load More
Next Post
Bankrupt crypto hedge fund 3AC’s NFT auction fetches $2.5M

Bankrupt crypto hedge fund 3AC’s NFT auction fetches $2.5M

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Cardano’s Project Catalyst: A Beacon of Innovation and Growth 

Cardano’s Project Catalyst: A Beacon of Innovation and Growth 

2 years ago
Bitcoin mining CEOs agree on $250k price target for 2028 halving

Bitcoin mining CEOs agree on $250k price target for 2028 halving

10 months ago

Bybit Scores Cyprus License to Operate Crypto Exchange and Custody Services

2 years ago
Banana Gun’s failed contract passed 2 audits, but ChatGPT found the bug in seconds

Banana Gun’s failed contract passed 2 audits, but ChatGPT found the bug in seconds

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Bitcoin Treasury Strategy: Unleashing Growth with The Blockchain Group’s $3.52M Boost

Non-Custodial Solution Launched for Global and Local Payments in Stablecoins

Pump.fun’s $4B Token Launch Collapses Amid Surging Backlash—Can Bonk Capitalize?

Bitcoin ETFs Soar: US Spot Funds Witness Astonishing $216M Inflows

Bit Digital Goes All-In on Ethereum, Dumping 280 BTC to Build 100K+ ETH Treasury

Vitalik Buterin Urges Crypto to Embrace ‘Copyleft’ Licensing to Revive Open-Source Ethos

Trending

Dubai’s Historic Approval: Qatar National Bank Launches Revolutionary Tokenized Money Market Fund in DIFC
Blockchain

Dubai’s Historic Approval: Qatar National Bank Launches Revolutionary Tokenized Money Market Fund in DIFC

08.07.2025
0

Skip to content

One of Spain’s Largest Banks Launches Crypto Service for Retail Clients

One of Spain’s Largest Banks Launches Crypto Service for Retail Clients

08.07.2025
Ego Death Capital Raises $100M to Back Bitcoin-Focused Startups

Ego Death Capital Raises $100M to Back Bitcoin-Focused Startups

08.07.2025
Bitcoin Treasury Strategy: Unleashing Growth with The Blockchain Group’s $3.52M Boost

Bitcoin Treasury Strategy: Unleashing Growth with The Blockchain Group’s $3.52M Boost

08.07.2025
Non-Custodial Solution Launched for Global and Local Payments in Stablecoins

Non-Custodial Solution Launched for Global and Local Payments in Stablecoins

08.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz