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.
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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.