Highlights
Bitcoin (BTC) payment platform, Strike has announced the expansion of its services to European customers targeting increased crypto adoption. In a recent press release, the company unveiled the expansion to eligible European customers.
Strike introduces a comprehensive suite for European users to onboard new users to the Bitcoin ecosystem. According to the release, customers can sign up and facilitate BTC transactions.
“Customers can sign up in a few clicks, seamlessly and securely buy bitcoin with free, instant, and unlimited deposits, and sell, send, and withdraw just as easily. The platform also facilitates global payments and offers advanced Bitcoin and Lightning wallet services.”
Bitcoin adoption has surged in recent months following price highs and institutional inflows. Jack Mallers, the CEO of Strike highlighted Bitcoin’s importance to many sectors as a technical innovation driving saving and interoperability.
“Bitcoin transcends borders, enhances financial inclusion, and solves some of the biggest economic problems we all face today such as inflation. As the third-largest economy globally Europe presents vast opportunities for Bitcoin adoption and we believe that Strike is uniquely positioned to serve millions of people across the continent.”
The move to Europe comes following previous expansions to multiple jurisdictions. Strike now services customers in nearly 100 countries in Africa Latin America and the United States.
In addition to onboarding European clients, Strike announced that it will accept applications from businesses to support Bitcoin needs including SWPa transfers and buying/ selling transactions.
Users in Europe can buy Bitcoin with unlimited SEPA Euro deposits and make withdrawals to self-custody Bitcoin wallets or other forms. Users can also leverage the cross-border payment feature to send funds including the withdrawal options.
Europe continues to have multiple crypto firms because of its friendly regulations as it introduced clear rules. The Markets in Crypto Assets (MiCA) regulation was hailed as a landmark law for other jurisdictions to emulate.
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