Bitcoin payment provider Strike is moving its headquarters to El Salvador and is now available in 11 Latin American countries.
These are Argentina, Costa Rica, Guatemala, Panama, Brazil, Colombia, Ecuador, Dominican Republic, Paraguay, and Peru.
Strike CEO Jack Mallers announced that the application is now available in 65 countries on six continents.
“As of this moment, Strike is officially a global service because it is now available to 3 billion people worldwide,” the Bitcoin payment provider’s CEO said on stage at the Bitcoin 2023 conference in Miami.
The company’s international expansion allows people in Africa, Latin America, and four other continents to transfer payments to each other in USDT (Tether) and through Bitcoin’s Lightning network.
Mallers emphasized that the US company is moving its headquarters to El Salvador to offer global service.
“And that’s because of the cryptocurrency-friendly regulation in that country,” Mallers added.
According to him, increasing regulatory pressure and lack of clarity in the United States have forced the company to move its headquarters to the Central American country.
“Two years ago, people laughed at my goal to open headquarters in El Salvador and have 3 billion users, but now US-based Coinbase is fighting Gary Gensler [chairman of the Securities and Exchange Commission], who’s laughing now?” said Mallers.
The company hopes to work with banks to offer access ramps in fiat.
The idea is to offer a more comprehensive service in countries where it is already available.
News El Salvador, English news El Salvador, Bitcoin payment provider Strike
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