Strike Expands Bitcoin Services to Europe
Strike, a Bitcoin (BTC) payment platform, has revealed its expansion to European customers in a bid to foster increased crypto adoption.
The company announced the expansion in a recent press release, unveiling its availability to eligible European customers.
The expansion brings a comprehensive suite of services for European users, facilitating the onboarding of new participants into the Bitcoin ecosystem. Customers can easily sign up and engage in BTC transactions, according to the release.
Jack Mallers, CEO of Strike, emphasized Bitcoin’s significance across various sectors as a technological innovation driving savings and interoperability. He highlighted its role in transcending borders, enhancing financial inclusion, and addressing major economic challenges like inflation. Mallers sees vast opportunities for Bitcoin adoption in Europe, given its status as the third-largest economy globally.
This move follows Strike’s previous expansions into multiple jurisdictions, now serving customers in nearly 100 countries across Africa, Latin America, and the United States.
READ MORE: European Banks Eye Crypto Industry Following Regulatory Clarity
In addition to onboarding European clients, Strike announced its readiness to partner with local businesses to meet their Bitcoin needs, including SWIFT payments and buying/selling transactions.
European users can now purchase Bitcoin with unlimited SEPA Euro deposits and withdraw to self-custody Bitcoin wallets or other forms. They can also utilize the cross-border payment feature to send funds, including withdrawal options.
Europe’s favorable regulations have led to the presence of numerous crypto firms, with clear rules like the Markets in Crypto Assets (MiCA) regulation being hailed as a model for other jurisdictions to follow.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
